LOM Account Types

LOM offers a variety of brokerage account types tailored to meet the diverse needs of its clients. The primary account types include:

• Standard Brokerage Account: This account includes personalized service from an assigned representative, allowing clients to receive expert advice from dedicated financial professionals. It enables trading in equities, ETFs, bonds, options, futures, commodities, and foreign exchange. Clients can hold multiple positions in different currencies within one account and have access to top-performing mutual funds and fund managers.

• Self-Directed Online Trading Account: With this account, clients can trade independently using the proprietary Opus online system. It provides access to major global equity markets and offers lightning-fast execution of trades, automated settlement, and custody of securities in local market currency.

• Offshore Investment Accounts: Designed for individuals, families, business owners, and institutions, these accounts provide a personalized approach to wealth management. Clients are paired with dedicated personal advisors who help create tailored investment strategies.

• Managed Investment Accounts: These accounts involve expert management of investments, allowing clients to focus on their financial goals while experienced advisors handle the trading and investment strategies.

LOM Broker Account Opening Process

Opening a brokerage account with LOM involves a straightforward process:

• Consultation with an Advisor: Clients meet with a dedicated LOM advisor to discuss their financial goals and needs. This step includes evaluating current financial positions and identifying investable assets.

• Designing an Investment Plan: Based on the client's investable capital, time horizon, and risk appetite, the advisor crafts a bespoke portfolio strategy tailored to the client's profile.

• Account Application: Clients complete and submit application forms along with necessary identification documents. The account review and opening process typically takes 24 to 72 hours after form submission.

• Fund Transfer and Implementation: Once the account is opened, clients transfer funds to their new account, aligning investments with the tailored strategy outlined in their personal portfolio.

• Monitoring and Optimization: LOM advisors continuously monitor investments to ensure they align with the clients evolving needs and financial goals, maximizing growth potential through regular contributions.

For more details on LOM's account offerings and the opening process, visit LOM's official website.