Open an Account

Our dedicated financial advisors are standing by to answer any questions you may have. Please call us on 441-292-5000 (in Bermuda) or 242-327-5100 (in Bahamas).

We offer our clients two types of 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.
• Margin agreement (if applicable).

Corporate Accounts must also provide the following:

• Certified Copy of Certificate of Incorporation (and Certificate of Good Standing if company is over one year old)
• Corporate Resolution authorizing the opening of the account
• Certificate of Incumbency listing officers and directors
• Form W-8BEN-E
• Trust Accounts must also provide trust documentation
• Institutional accounts should provide evidence of regulated status

All prospective customers are subject to due diligence before an account is approved, including being vetted in third-party due diligence databases.

Note: It is strongly recommended that qualified legal and tax professionals in the customer’s country of residence be consulted in advance of moving assets offshore.

Policy on US and Canadian Residents

• We can accept U.S. and Canadian citizens that are not resident in the U.S. or Canada
• We can accept corporate clients with US resident beneficiaries provided no US resident is a signatory
• US citizen and residents’accounts are reportable under U.S. FATCA regulations (see LOM FATCA notice here.)
• We do not accept individual/joint accounts for U.S. or Canadian residents or entities.