The QI File

Qualified Intermediary

Olympic Exchange

Olympic Exchange Accommodators, LLC · Parent: Independent / Helsdon Law Firm–affiliated (Jeff Helsdon) · Firm website

FEA membership
FEA unknown
CES® holders
Jeffrey Paul Helsdon, CES®
Fidelity bond
Not published on cited pages
E&O / other cover
FDIC insurance at Columbia Bank up to $250,000 per depositor. Why Olympic and the fund-safety page: Columbia Bank sweep program is available for balances above that threshold. No fidelity-bond dollar is published — the firm states it uses Washington Path B (qualified escrow) rather than the $1 million bond option.
How funds are held
Segregated
Dual-signature wires
Dual-signature
Reverse / improvement / DST
Reverse Yes · Improvement Yes · DST Unknown
Last sourced
2026-09-08

Published coverage notes

FDIC insurance at Columbia Bank up to $250,000 per depositor. Why Olympic and the fund-safety page: Columbia Bank sweep program is available for balances above that threshold. No fidelity-bond dollar is published — the firm states it uses Washington Path B (qualified escrow) rather than the $1 million bond option.

Fund handling

Safety page: sale proceeds go into a Qualified Escrow Account at Columbia Bank under the client’s own name and TIN — not pooled, not through Olympic’s operating account. Written Qualified Escrow Agreement among client, Olympic, and Columbia Bank. Bank-enforced dual authentication: Olympic initiates; the exchanger separately authorizes before Columbia releases. Written deposit notification plus written instructions to verify independently with Columbia. Online banking access and statements are described. IRS Treas. Reg. §1.1031(k)-1(g)(3) QEA safe harbor plus the QI safe harbor. Washington RCW 19.310.040 Path B (QEA requiring client consent, not a $1 million fidelity bond). The firm states it cannot move funds unilaterally.

Fee structure

Homepage and Why Olympic: flat, transparent fee. No public dollar card on the pages cited. Consultations are marketed as $0.

Who keeps the float

100% of interest earned on exchange deposits is paid to the client (homepage and Why Olympic).

Who it is for

Attorney-led QI based in Tacoma, Washington (1201 Pacific Avenue, Suite 600). Homepage: Puget Sound and Central Washington investors; About: Pierce County roots, exchanges throughout the United States. Forward, reverse, and improvement exchanges are marketed. DST administration is not published on the cited pages.

Verdict

Among the clearest QEA + dual-auth + named-bank custody files in this directory: Columbia Bank account in the client’s name and TIN, a three-party written QEA, bank-enforced dual authorization, WA RCW 19.310.040 Path B, and a prevention-over-bond narrative. Jeff Helsdon’s CES® (2003) and FEA Government Affairs committee seat are people credentials — company FEA membership is not stated on the pages cited, so FEA stays unknown. Ask for the current QEA template, today’s Columbia sweep mechanics, and confirm this is QI custody, not a securities offering.

Notes

This is a QI custody file, not a securities offering. The About page uses Olympic Exchange Accommodators, LLC. The site publishes an affiliation with The Helsdon Law Firm / The Helsdon Law Firm, PLLC. No other corporate parent is stated and none is invented here.

Jeffrey Paul Helsdon is principal, attorney (practice since 1987), QI since 1990, and Certified Exchange Specialist™ since 2003 — named on About, the homepage CES line, and the exchange handbook. The handbook is the source for his seat on the FEA Government Affairs Committee (and the Association of Washington Business Tax and Fiscal Policy Committee). That is a personal committee role, not a sentence that Olympic Exchange is an FEA Regular Member, so company feaMember stays unknown.

Homepage service tiles: Forward, Reverse, and Improvement exchanges. DST is not marketed on the cited pages.

The safety page reprints the RCW 19.310.040 statutory disclosure and a firm-written history of SB 6295 (2012). Treat the legislative narrative as firm-stated context, not a legal opinion from this directory. Ask for the current Qualified Escrow Agreement and the current Columbia sweep terms before a large hold.

Sources

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Corrections and verification

Listings are sourced from public pages. Unknown is omitted, not graded. If a fact is wrong or stale, send the primary URL.

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