{
  "crd_number": 330658,
  "slug": "pelican-advisory-llc-covington-la-330658",
  "primary_business_name": "PELICAN ADVISORY LLC",
  "legal_name": "PELICAN ADVISORY LLC",
  "dbas": [],
  "city": "Covington",
  "state": "LA",
  "country": "United States",
  "cbsa_code": "43640",
  "metro": {
    "cbsa_code": "43640",
    "common_name": "Slidell",
    "msa_name": "Slidell-Mandeville-Covington, LA",
    "path": "/advisors/la/slidell"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-09-01",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-08-25",
  "carried_forward": false,
  "raum_total": 119006151.0,
  "raum_discretionary": 119006151.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 538819.0,
      "count": 2,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 43430465.0,
      "count": 147
    },
    "insurance_companies": {
      "raum": 836770.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 3526058.0,
      "count": 10
    },
    "high_net_worth_individuals": {
      "raum": 70674039.0,
      "count": 47
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "LA",
    "MS",
    "TX"
  ],
  "websites": [
    "https://pelicanfo.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/330658",
  "city_as_filed": "COVINGTON",
  "url": "https://advisorcensus.com/firm/pelican-advisory-llc-covington-la-330658",
  "display_name": "Pelican Advisory LLC",
  "summary": "Pelican Advisory LLC is an SEC-registered investment advisory firm in Covington, LA, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 25, 2026.",
  "citation": "AdvisorCensus. Pelican Advisory LLC (CRD 330658): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Pelican Advisory LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Pelican Advisory LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Pelican Advisory LLC located?",
      "a": "Pelican Advisory LLC's principal office is in Covington, LA, according to its Form ADV."
    },
    {
      "q": "Is Pelican Advisory LLC registered with the SEC or a state?",
      "a": "Pelican Advisory LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 330658."
    },
    {
      "q": "How much does Pelican Advisory LLC manage?",
      "a": "Pelican Advisory LLC reports $119,006,151 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Pelican Advisory LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (147); high net worth individuals (47); pension and profit sharing plans (but not the plan participants or government pension plans) (10)."
    },
    {
      "q": "Which custodians does Pelican Advisory LLC use?",
      "a": "Pelican Advisory LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists City National Rochdale and LPL Financial LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Pelican Advisory LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/330658"
    },
    {
      "q": "What changed in Pelican Advisory LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Moved from state registration to SEC registration. Registered or notice-filed in TX."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Moved from state registration to SEC registration.",
        "Registered or notice-filed in TX."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "City National Rochdale",
      "name_as_filed": "CITY NATIONAL ROCHDALE",
      "affiliated": false
    },
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/pelican-advisory-llc-covington-la-330658.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 147,
      "fewer_than_5": false,
      "raum": 43430465.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 47,
      "fewer_than_5": false,
      "raum": 70674039.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 10,
      "fewer_than_5": false,
      "raum": 3526058.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": true,
      "raum": 538819.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 1,
      "fewer_than_5": true,
      "raum": 836770.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/330658",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}