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LOM Financial Group celebrates 25 years of business with expansion into Grand Cayman

LOM Financial Group (“LOM”) has joined Grand Cayman’s expanding network of top professional services firms in Camana Bay, with the opening of its Cayman Islands office in January 2018. The global financial services provider recently toasted its new home and celebrated its 25th anniversary with an intimate cocktail reception for 80 guests on The Island in the Town Centre. Members of the legislative assembly in attendance included Honourable Roy McTaggart, JP Minister of Finance and Economic Development; Honourable Tara Rivers, JP Minister of Financial Services and Home Affairs; and Honourable Joseph Hew, JP Minister of Commerce, Planning and Infrastructure.

Headquartered in Bermuda, LOM provides a range of private investment services and products, including brokerage, custody, asset management, and corporate finance services to primarily high net-worth individual and institutional clients. In addition to Bermuda and the Cayman Islands, the company has offices in the Bahamas, Asia and the UK.

Headed by Alexander Goulden, LOM Financial Cayman provides discretionary and non-discretionary investment services, securities execution on most global exchanges, custody services, award-winning mutual funds and access to alternative investment funds for offshore clients. “Boutique operations such as LOM can better meet each client’s individual set of investment objectives through proactive consultation and bespoke portfolio construction,” explained Mr. Goulden. “Cayman is a unique market that offers widespread expertise in the provision of offshore financial services, a professional infrastructure and sound regulatory framework. Our on-the-ground presence within one of the largest local financial communities will allow us to call upon and work with an exceptional network of professionals to provide solutions for our clients when needed.”

Mr. Goulden is responsible for LOM’s Cayman Islands operations, branch oversight and client relationship management. He previously held senior positions at MaplesFS, Scotiabank & Trust (as Branch Manager and Investment Advisor), and as a director and senior trader with RBC Capital Markets. Prior to RBC Capital, Mr. Goulden served as Managing Director, International Investment Advisory, for RBC Dominion Securities (Global) Limited.

Joining the Cayman team at the launch event were members of the global LOM management team, including LOM Chairman and Chief Executive Officer Scott Lines, who remarked on the night, “What sets LOM apart is our people who, as experts in their respective fields, allow us to deliver excellent results and, most importantly, exceptional service to our clients. We’re thrilled to have Alex lead our efforts in Cayman, and are confident that he and his growing team will have long-term success in bringing local clients the best investment opportunities.”

LOM’s expansion into Grand Cayman kicks off a significant year for the company, which celebrates 25 years of business in 2018. “It’s been a year of growth for the firm, particularly with the opening of our Cayman office,” said Mr. Lines. “We have a positive outlook for 2018 and hope to sustain the momentum well into the new year as we celebrate this significant milestone in business.”

For more information on LOM Cayman’s services, contact Alexander Goulden by email at [email protected] or by telephone on +1 345 233 0100. For more information on the LOM Group, visit www.lom.com.

Photo Captions:

1.Members of the LOM Group Management Team including Scott Lines, Chairman and Chief Executive Officer (centre) and Alexander Goulden, Branch Manager of LOM Financial Cayman (centre left).

2.Alexander Goulden, Branch Manager of LOM Financial Cayman, formally introduces LOM Cayman to the local business community.

3.Attendees enjoyed traditional Bermudian Dark and Stormy cocktails and island-inspired canapés against a perfect sunset backdrop on The Island in Camana Bay.

About

The LOM Group is a publicly-held, international financial services company, providing a complete range of private investment services and products, with subsidiaries in Bermuda, Bahamas, the Cayman Islands, Asia, and the UK. In business for over 25 years, LOM provides brokerage, custody, asset management, and corporate finance services to its primarily high net-worth individual and institutional customers around the world. LOM Financial Cayman is a branch of LOM Financial (Bermuda) Limited, and is licensed to conduct investment business by the Bermuda Monetary Authority.

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