Anna Le
Articles
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What happens if I do not pay my fees?
Olympia reserves the right to recover all out-of-pocket expenses. Late payment charges of 2% per month will apply to any overdraft amounts not paid by March 15th of each year. Olympia will assign d...
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Why do I pay Olympia fees for non-performing investments?
Our fees are flat rate, regardless of your investment performance, whether positive or negative. As your account is self-directed, Olympia Trust’s role is that we hold your investments in trust, we...
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Why do I need to pay fees?
Olympia is responsible for administering your account and performing certain duties, regardless of transactional activity amount in your account. These duties include, but are not limited to: Hold...
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Does Olympia offer fee discounts?
Olympia offers annual administration fee discounts as follows: A second account is discounted to half price. Any additional accounts are discounted to no annual administration fee. TFSA, FHSA, and...
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Can Olympia waive my annual administration fee?
The annual administration fee cannot be waived. It is charged to all open accounts and is not based on your account's holdings, balance, or any transactional activity. As your administrator for sel...
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Can fees be taken from the value of my investment(s)?
Fees cannot be taken from your investment. We do not have access to the funds you have used to purchase your investments; they are sent directly to your investment issuer. If you are considering co...
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Can fees be taken from my cash balance?
Yes, you can utilize your cash balance to cover Olympia fees. While every account needs a valid Visa, Mastercard, or bank account on file, you can set up your account to automatically deduct fees f...
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How can I pay fees?
We have many convenient fee payment options available to you to pay your fee(s). You can easily pay your fee(s) one of the following ways: Mobile app (one-time payment) Apple (App Store) and Googl...
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What fees does Olympia charge?
Click here to view our Fee Schedule.
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Does Olympia offer any investment advice?
No. Olympia does not provide any investment, legal, tax, or other advice. Olympia does not promote or recommend investments, nor are we involved in the decision-making process with regards to findi...