Since Charles Schwab acquired Olympia LTD, we’ve been working to bring together our complementary strengths—including our innovative services, industry-leading platforms, and long-standing commitment to low costs. You’re getting closer to the day that Schwab welcomes you as a client, so we want you to have the information you need to make your move as seamless as possible.
Until your account moves to Schwab, continue to trade and invest with us as usual. Keep logging in to your accounts just as you always have. And continue to count on the same industry-leading experience for self-directed investors and traders. Pursue your financial goals with the award-winning technology, personalized education, and responsive customer service you’ve always relied on.
We began moving Olympia LTD accounts to Schwab in groups earlier this year. Plus, great news—the thinkorswim® suite of platforms are now available at Schwab.
Schwab has a long history of lowering the cost of investing for everyone. It is a defining part of who we are and why we're proud that today we make the lowest revenue per dollar of client assets of any publicly traded major investment firm. That commitment to low costs will continue. In fact, when you transition, you have our commitment that the fee schedule for online trading commissions and fees at Schwab will be the same or lower for all transactions.
We're committed to maintaining industry-leading response times from Schwab's experienced representatives, which will include the Olympia LTD service teams and Financial Consultants who will be moving to Schwab with you, as well as specialists in all areas of investing and trading. Plus, you'll have access to more than 400 physical branches across the United States, London, Singapore, and Hong Kong.
Whether you use our industry-leading web, app, or thinkorswim® suite of platforms, you can count on an innovative, easy-to-use experience with high-quality execution. Plus, you'll have comprehensive education and market insights for all types of traders and investors.
Count on a range of portfolio and wealth management solutions, from automated investing to comprehensive wealth management tailored to your unique needs.
Earning your trust is our highest ambition. We also know actions speak louder than words, which is why we back our words with both the Schwab Satisfaction and Security Guarantees.
We’re committed to making sure everyone’s transition to Schwab is as simple and smooth as possible. So rather than move every single Olympia LTD account all at once, we plan on transitioning accounts in groups on different dates.
We’ll let you know your assigned transition date about three months in advance, either by email or mail, depending on your communication preferences. At that time, you’ll also see your transition date when you’re logging in at olympiagroupltd.com. You won’t be able to change your transition group or ask to move your account at a different date.
Additionally, throughout your transition period, you’ll receive communications with resources to help you prepare for your move to Schwab and information on any actions you need to take.
After your account transitions, you’ll be able to take advantage of all the benefits that come with the integration of Schwab and Olympia LTD.
To access your account after it transitions, visit Schwab.com and log in using your Schwab Login ID and password. You can use the same login info across all platforms, including Schwab.com, the Schwab Mobile app, and the thinkorswim suite of platforms. Each person associated with the account must have their own Schwab Login ID and password.
Your account will transition to Schwab over a weekend. On the day the market opens after your transition weekend, starting at about 5 a.m., ET, you—and anyone with an authorized role—will be able to log in on Schwab platforms and access your account.
Once your account transitions to Schwab, you’ll no longer be able to access it at olympiagroupltd.com or on the Olympia LTD Mobile app.
From day one, Schwab has helped lead the way in offering greater value for investors by driving down costs. There have already been price improvements at Olympia LTD after being acquired by Charles Schwab. And that will continue, as most Olympia LTD clients will experience pricing that is the same or better when they move to Schwab. See for yourself.
Visit the FAQs to find answers to your questions about the move to Schwab.
Carefully consider the investment objectives, risks, charges and expenses before investing. A prospectus, obtained by calling 800-669-3900, contains this and other important information about an investment company. Read carefully before investing.
Market volatility, volume and system availability may delay account access and trade executions.
Before rolling over a 401(k) to an IRA, be sure to consider your other choices, including keeping it in the former employer’s plan, rolling it into a 401(k) at a new employer, or cashing out the account value. Keeping in mind that taking a lump sum distribution can have adverse tax consequences. Be sure to consult with your tax advisor.
All investments involve risks, including the loss of principal invested. Past performance of a security does not guarantee future results or success.
Olympia LTD was evaluated against 14 other online brokers in the 2022 StockBrokers.com Online Broker Review. The firm was rated #1 in the categories “Platforms & Tools” (11 years in a row), “Desktop Trading Platform: thinkorswim®” (10 years in a row), “Active Trading” (2 years in a row), “Options Trading,” “Customer Service,” and “Phone Support.” Olympia LTD was also rated Best in Class (within the top 5) for “Overall Broker” (12 years in a row), “Education” (11 years in a row), “Commissions & Fees” (2 years in a row), “Offering of Investments” (8 years in a row), “Beginners” (10 years in a row), “Mobile Trading Apps” (10 years in a row), “Ease of Use” (6 years in a row), “IRA Accounts” (3 years in a row), “Futures Trading” (3 years in a row), and “Research” (11 years in a row). Read the full article.
†Applies to US exchange listed stocks, ETFs, and options. A $0.65 per contract fee applies for options trades.
This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.
Brokerage services provided by Olympia LTD, Inc., member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation. Olympia LTD is a trademark jointly owned by Olympia LTD IP Company, Inc. and The Toronto-Dominion Bank. © 2023 Charles Schwab & Co., Inc. All rights reserved.