LOM News

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History of Lines Overseas Management

LOM was founded in 1992 by brothers Scott and Brian Lines with initial backing from their father, Bermuda businessman Donald Lines, who is now chairman. They saw a niche for a service-oriented financial services firm that could offer distinct advantages to investors seeking privacy, investment flexibility and geographic diversification - and setup LOM.

The operation has grown substantially over the past 18 years into the LOM Group, a self-clearing investment management firm providing a full range of investment services and products through its regulated subsidiaries in Bermuda and Bahamas and a marketing office in London, England. LOM today has over $1 billion in client assets under administration and provides brokerage, asset management, and corporate finance services to its primarily high net-worth individual and institutional customers in over 75 countries around the world. The parent company, LOM (Holdings) Limited, is publicly listed on the Bermuda Stock Exchange (symbol LOM BH). The consolidated group is debt-free and has shareholder's equity of over $21 million.

Historical Press Clippings

• Special Edition Official Opening of the new LOM Building - Bermuda SUN - December 3, 1999
• LOM goes public - Business section - The Royal Gazette - July 20, 2001