Pelican Advisory provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 1–10 clients last fiscal year.
Pelican Advisory reports 207 clients. They include 147 individual clients, 47 high-net-worth individuals, and 10 pension and profit-sharing plans. Of its assets, 100.0% ($119M across 265 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 71% | 36% |
| High-net-worth individuals | 23% | 59% |
| Pension and profit-sharing plans | 5% | 3% |
| Charitable organizations | <1% | <1% |
| Insurance companies | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 147 | $43.4M | 36.5% | $295K |
| High-net-worth individuals | 47 | $70.7M | 59.4% | $1.5M |
| Pension and profit-sharing plans | 10 | $3.53M | 3.0% | $353K |
| Charitable organizations | Fewer than 5 | $539K | 0.5% | $269K |
| Insurance companies | Fewer than 5 | $837K | 0.7% | $837K |
| Total | 207 | $119M | 100% | — |
- Clients
- 147
- Regulatory AUM
- $43.4M
- AUM share
- 36.5%
- Avg. per client
- $295K
- Clients
- 47
- Regulatory AUM
- $70.7M
- AUM share
- 59.4%
- Avg. per client
- $1.5M
- Clients
- 10
- Regulatory AUM
- $3.53M
- AUM share
- 3.0%
- Avg. per client
- $353K
- Clients
- Fewer than 5
- Regulatory AUM
- $539K
- AUM share
- 0.5%
- Avg. per client
- $269K
- Clients
- Fewer than 5
- Regulatory AUM
- $837K
- AUM share
- 0.7%
- Avg. per client
- $837K
Total
- Clients
- 207
- Regulatory AUM
- $119M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Pelican Advisory is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
It has 4 employees.
Leadership
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- 3 broker-dealer reps
- 4 insurance agents
Besides its headquarters, Pelican Advisory has 0 offices, with 1 listed address in 1 state.
Louisiana · 1 listed address
- 681 River Highland BLVD., CovingtonHQ
Contact and registration details
- Legal name
- Pelican Advisory LLC
- Headquarters
- 681 River Highland BLVD., Covington, LA 70433
- Website
- pelicanfo.com
- Phone
- 985-237-4033
- SEC file
- 801-137207
- Structure
- Louisiana LLC
- Fiscal year end
- December
Pelican Advisory does not have custody of client assets.
At year end, Pelican Advisory’s separately managed accounts were mostly in stocks (85%).
What the accounts hold
- Stocks85%
- Funds1%
- Bonds2%
- Cash4%
- Other8%
- Structured notes8%
How many clients does Pelican Advisory have?
Pelican Advisory has 207 clients and manages $119 million for them, as of August 2026. They include 147 individual clients, 47 high-net-worth individuals, and 10 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 August 2026
What services does Pelican Advisory offer?
Pelican Advisory provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Pelican Advisory have?
Pelican Advisory has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 4 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Pelican Advisory invest in?
At the end of its last fiscal year, Pelican Advisory’s separately managed accounts held 85% exchange-traded equities, 8% other, 4% cash and equivalents, 2% investment grade corporate bonds and 1% registered funds (mutual funds, ETFs, BDCs). The 8% other category is described as: Structured Notes.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
How does Pelican Advisory get paid?
Pelican Advisory is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Pelican Advisory?
Pelican Advisory’s main office is at 681 River Highland BLVD., Covington, LA 70433. Its phone number is 985-237-4033. Its website is pelicanfo.com.