1031 Clearinghouse supports banks who provide tax deferred exchange services through their cash management operations. We also service banks who desire to add such a capability to their services menu. With 1031 Clearinghouse, they can add a quality, turnkey, value added service for high net worth clients without the cost of adding personnel. For some bankers, we also represent an excellent vehicle for the swift aggregation of cheap deposits.
Our platform, client portal and document engine, together with our team are perfectly suited to meet any need from exchange consulting to delineated cash management and reporting.
In aggregate, our principals have completed over 40,000 exchanges and include the founder of NES, the nation’s largest exchange facilitator.
Income is derived from exchange fee splits, marketing fees for deposit aggregation, annual licensing fees, and one time setup fees. Our first year goal is 100 banks paying a $10,000 licensing and a $10,000 setup fee.