At LOM, our clients trust is of utmost importance hence we aim make this process as efficient as possible. Once we receive your completed account documents our compliance department aims for a 48 hour turnaround time. Your account will be then assigned to an advisor team that will work with you to meet all of your goals.
Financial advisors are standing by to answer any questions you may have. Please click the "Live Advice" button on the left or call us directly at 441-292-5000 (in Bermuda) or 242-323-0032 (in Bahamas). Alternatively, you can fill out the form below and an advisor will contact you shortly.
We offer our clients two types of standard brokerage accounts: "cash accounts" and "margin accounts". The minimum account size is $25,000 for standard brokerage accounts.
Account Opening Information
Before opening an account, we require the following documents to be completed, as appropriate:
LOM Investment Account Agreement (will be provided by LOM once initial contact has been made).
For each signatory and Beneficial Owner: a notarized passport, bank reference and proof of residential address.
Corporate Accounts must also provide the following:
Original Certified Copy of Certificate of Incorporation
Sealed Corporate Resolution
Certificate of Incumbency listing officers and directors
Trust Accounts must also provide Trust Documentation & Form W-8 BEN
Institutional accounts should provide evidence of regulated status
Policy on US customers
Since LOM's acceptance as a Qualified Intermediary, effective January 2001, it has been LOM's policy to not accept accounts for U.S. residents.
We do not accept: individual/joint accounts for U.S. residents, accounts for U.S. corporations, trust or other legal structures where a U.S. resident has authority over the account, or accounts where a U.S. resident has any control over the account. For these purposes, an individual with a U.S. address is also considered a U.S. resident.
Note: we do not currently accept customers who are residents of the United States. Also, please be aware this is not an offer or solicitation for brokerage services, investment advisory services, or other products or services in any jurisdiction where we are not authorized to conduct investment business or where such offer or solicitation would be contrary to the securities or local laws and regulations of that jurisdiction. For more information, please see our full disclosure/disclaimer.