Hello, I'm Tom Bottenberg
I got started in the 1031 exchange space in 1990 with a tax law firm in Oakland, California. That's where I learned about the exchanging process from a former IRS attorney.
In 2005, together with Stan Freeman and Mike Halloran, I co-founded Nationwide Exchange Servives, or NES. We developed a proprietary processing platform to create some document generation efficiency, added a polished web presence via a world class PR firm, and integrated a brand new marketing approach known as Google Adwords, to become the industry leader in 1031 exchanging.
I left NES and began a new effort consulting for banks who were interested in utilizing Section 1031 to provide a new banking service while identifying new high net worth clients and driving deposits through the creation of an inside of the bank Qualified Intermediary.
After a few lunches and some considerable due diligence, Dean Senner and I decided to create Fyntex, where we could start with a clean sheet of paper and build both the processing platform and the Exchanger experience that the exchange industry desparately needed.
The result is an end to end facilitation platform that provides unprecedented data security, Exchanger visibility, processing efficiencies, and a funds security regimen, including full FDIC insurance coverage, that is the safest in the industry. It took a while to build, but since then we've added some incredibly gifted personnel and based upon client feedback, we're definitely changing the Exchanger experience.