{"url":"https://nivawealth.com/firms/pelican-advisory-330658","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/330658","regulatoryAum":119006151,"crd":"330658","secFileNumber":"801-137207","legalName":"Pelican Advisory LLC","displayName":"Pelican Advisory","slug":"pelican-advisory-330658","website":"https://pelicanfo.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Louisiana limited liability company","fiscalYearEnd":"December","headquarters":{"street":"681 River Highland BLVD.","city":"Covington","state":"LA","stateName":"Louisiana","country":"United States","postalCode":"70433"},"tradeNames":[],"registration":{"secApproved":"1 September 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":588167.5463917525,"staff":{"employees":4,"advisory":4,"brokerDealerReps":3,"insuranceAgents":4,"promoters":0},"aum":{"regulatory":119006151,"discretionary":119006151,"discretionaryAccounts":265,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":147,"regulatoryAum":43430465},{"label":"High-net-worth individuals","clients":47,"regulatoryAum":70674039},{"label":"Pension and profit-sharing plans","clients":10,"regulatoryAum":3526058},{"label":"Charitable organizations","clients":2,"fewerThan5":true,"regulatoryAum":538819},{"label":"Insurance companies","clients":1,"fewerThan5":true,"regulatoryAum":836770}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:43:21.584933+00:00","documents":[{"name":"PELICAN ADV 2AB","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053555","versionId":1053555,"submittedOn":"2026-07-31"}]},"custodians":[],"custodyNote":"Pelican Advisory does not have custody of client assets.","otherCustodians":[],"leadership":[],"ownership":[],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Louisiana","offices":1,"addresses":[{"street":"681 River Highland BLVD.","city":"Covington","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"985-237-4033","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":85},{"label":"Investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":8,"detail":"Structured Notes"}],"privateFunds":0},"sources":{"adv1FilingDate":"25 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/330658/PDF/330658.pdf","brochureDate":"31 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053555","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Pelican Advisory have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Pelican Advisory offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Pelican Advisory have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Pelican Advisory invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How does Pelican Advisory get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Pelican Advisory?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 25 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}