# Pelican Advisory LLC

> 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.

- CRD: 330658
- Filed as: PELICAN ADVISORY LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Covington, LA
- Filing period: October 2026
- Form ADV filing dated: August 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/330658
- AdvisorCensus page: https://advisorcensus.com/firm/pelican-advisory-llc-covington-la-330658

## Quick answers

**How is Pelican Advisory LLC compensated?**
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).

**Where is Pelican Advisory LLC located?**
Pelican Advisory LLC's principal office is in Covington, LA, according to its Form ADV.

**Is Pelican Advisory LLC registered with the SEC or a state?**
Pelican Advisory LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 330658.

**How much does Pelican Advisory LLC manage?**
Pelican Advisory LLC reports $119,006,151 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (100% discretionary).

**What types of clients does Pelican Advisory LLC serve?**
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).

**Which custodians does Pelican Advisory LLC use?**
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.

**Does Pelican Advisory LLC report any disciplinary disclosures?**
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

**What changed in Pelican Advisory LLC's recent Form ADV filings?**
In the October 2026 filing data: Moved from state registration to SEC registration. Registered or notice-filed in TX.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- City National Rochdale
- LPL Financial LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $119,006,151
- Discretionary: $119,006,151
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 147 | $43,430,465 |
| High net worth individuals | 47 | $70,674,039 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $3,526,058 |
| Charitable organizations | 2 | $538,819 |
| Insurance companies | 1 | $836,770 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2026 (0 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: LA, MS, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- pelicanfo.com

## Changes in the filing (last 12 months)

### October 2026
- Moved from state registration to SEC registration.
- Registered or notice-filed in TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pelican Advisory LLC (CRD 330658): Form ADV filing data as of October 2026.