March 27th, 2002 - Interview with Scott Lines, Managing Director, The LOM Group of Companies

This article is from 6 years ago.

Ask Scott G.S. Lines what his Bermuda-based international financial services company has to offer the European high net worth investors and he’ll answer: "American efficiency and offshore flexibility".

As Managing Director of Lines Overseas Management (LOM), Scott Lines is responsible for the overall management of The LOM Group which employs 70 professionals and has offices in Bermuda, The Bahamas, Grand Cayman and Guernsey that offer High Net Worth Investors access to every major world market.

The company was formed by Scott and his brother Brian back in 1992 with the support of their father Donald Lines, a former President and CEO of The Bank of Bermuda, who now acts as chairman of The LOM Group.

"We are a truly offshore company that provides a one-stop shop for High Net Worth Investors," says Lines. "Our systems and infrastructure are similar to many of the Geneva style private banks."

LOM Limited in Bermuda handles custody, clearing, trading and administrative services for the group’s affiliated companies. LOM Asset Management Limited provides discretionary investment management and proprietary research to a range of in house S&P "AAA" rated money market funds, fixed income funds, equity and hedge funds from the same location and LOM Capital Limited handles corporate finance and Bermuda Stock Exchange listing services.

"Providing an array of services for the High Net Worth Investor", say Lines who worked as a mutual fund manager for The Bank of Bermuda before jointly founding The LOM Group. "We are very specialized in what we do, which is our competitive advantage". LOM owes its growth to its expertise and the support of its clients. The company is traded on the Bermuda Stock Exchange (LOM BH) and the consolidated shareholders equity is over 23 million US dollars. The Company is audited by PriceWaterhouseCoopers and has professional indemnity insurance underwritten by several Lloyds syndicates.

"We match A1 world standards", says Lines. "We ably combine top rate onshore services with superb offshore advantages. We are flexible and very quick to act. Visit our financial services website and take the first step toward furthering our acquaintance".