Ensuring Security and Trust: The SeedTrust 2024 Mid-Year Audit

To Our Clients and Partners,

Given this year’s challenges with escrow in our industry, SeedTrust is raising the bar to provide our clients and partners peace of mind. We recently completed a mid-year audit with Sikich, a top 25 CPA firm, to provide assurance that all funds held at SeedTrust are secure, and fully accounted for. Moving forward, we will conduct this audit annually and share the audit letter with all clients and partners. Click to view the letter from the CPA regarding the 2024 mid-year audit. It is also available under ‘Journey Resources’ in the SeedTrust portal.

An independent audit by a qualified CPA firm is the most effective way to ensure that escrow funds are accurately accounted for, responsibly maintained, and ethically managed. These audits require a significant investment and involve a rigorous review of financial statements, escrow accounts, IT practices, and internal controls. A financial audit is the most detailed form of independent evaluation, minimizing management influence and reducing the risk of fraud. These audits add substantial credibility by verifying and testing client funds.

We will continue to invest heavily in ongoing enhancements to our security, solutions, and services. We see it as our duty to continually innovate, set new standards, and promote best practices. Thank you once again for your trust—it is a privilege to serve as the leading escrow provider, to work alongside such dedicated professionals, and to contribute to this exceptional industry we love.

With gratitude and commitment,
Adam Winder
President, SeedTrust Escrow

 

Click to View Audit Letter