Pelican Family Office is a business name of Pelican Advisory LLC, an SEC-registered investment adviser based in Covington, Louisiana. This September 2026 fact sheet brings together the firm’s public identifiers, ownership, client figures, fees and disclosed conflicts from dated regulatory records.

Use it as a guide to the filings, with each figure tied to its source. It does not replace the advisory agreement or later amendments.

Identity and Registration

The SEC’s public investment adviser record, checked September 16, 2026, lists three names: Pelican Advisory LLC, PFO Consulting and Pelican Family Office LLC. These names appear under one firm record. Their appearance does not establish three separate advisory businesses.

Field	Filed or recorded detail
Legal entity	Pelican Advisory LLC
Other names displayed by IAPD	PFO Consulting; Pelican Family Office LLC
Firm CRD number	330658
SEC file number	801-137207
SEC registration effective date	September 1, 2026
Legal organization	Louisiana limited liability company
Principal office	681 River Highland Blvd., Covington, LA 70433
Normal office hours reported	Monday through Friday, 9–5
Other offices reported	0
Advisory business operating since	April 2024

The firm’s August 25, 2026 business disclosure filing supplies its identity, organization and office details. Its July 27, 2026 client brochure gives the April 2024 business-start date. Registration does not imply a certain level of skill or training.

Ownership and People

The July brochure identifies Matthew Greene as Pelican’s owner. The ownership information in the August filing lists Matthew Edwin Greene as managing member and chief compliance officer, with an ownership interest of 75% or more.

The August filing reports four employees, all performing investment advisory functions. It reports three as broker-dealer registered representatives, four as state-registered investment adviser representatives and four as licensed insurance agents. It reports no outside firms or people soliciting advisory clients on the firm’s behalf. These categories overlap; they should not be added together.

A dated employee count is not a count of everyone in an outside professional network. Read each person’s firm affiliation separately rather than treating a referral or coordination relationship as employment.

Clients and Assets

Pelican reported $119,006,151 in regulatory assets under management across 265 accounts, all discretionary, on August 25, 2026. Discretionary management means the adviser can make investment decisions within the agreed authority without obtaining approval for each trade.

Regulatory assets under management is a defined regulatory reporting measure for portfolios managed on a continuous and regular basis. It is not firm revenue, a performance result or a growth measure.

Client category	Clients	Regulatory assets under management
Individuals other than high-net-worth individuals	147	$43,430,465
High-net-worth individuals	47	$70,674,039
Pension and profit-sharing plans	10	$3,526,058
Charitable organizations	2	$538,819
Insurance companies	1	$836,770
Total	207	$119,006,151

Clients and accounts are different counts. The August filing also reports financial planning services provided to between one and 10 clients in the last fiscal year.

Fees, Minimum and Billing

The July 27, 2026 brochure publishes this annual asset-management schedule. The final band is reproduced as printed; the agreement should explain how the bands apply.

Market value of portfolio	Annual percentage
Up to $500,000	1.25%
$500,001–$1,000,000	1.00%
$1,000,001–$3,000,000	0.90%
Above $3,000,001	0.80%

Fees are negotiable. Pelican generally requires a $100,000 household minimum, waivable at its discretion. The brochure states: “For households less than $100,000, an additional .25% is charged.” It does not specify the calculation base for that additional charge.

Fees are billed quarterly in arrears using the quarter-end balance, including cash or cash proxies. The custodian calculates and deducts the fee. The filed illustration is $100,000 × 1.25% ÷ 4 = $312.50 for the quarter. It illustrates the management fee, not every possible account expense.

The August business disclosure filing also reports fixed fees as a compensation method. The brochure does not supply a separate fixed-fee schedule. The brochure says Pelican does not charge performance-based fees. Third-party manager fees, commissions, custody charges and fund expenses may be separate.

The client relationship summary states: “You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time.”

Compensation and Conflicts Disclosed in the Brochure

Read the following alongside the fee schedule. Each describes an incentive that may matter when evaluating a recommendation.

Variable-annuity commissions. Certain professionals are registered representatives of LPL Financial and may receive commissions on variable annuities, including products recommended to clients. Those commissions do not offset Pelican’s management fees. The filings state that LPL is not affiliated with Pelican or a related party.

Insurance commissions. Certain professionals are separately licensed insurance agents and receive customary commissions on insurance transactions in addition to advisory compensation. The brochure describes this as a conflict of interest. Insurance compensation should be considered separately from an asset-management fee.

Mutual-fund share classes. The brochure discloses an incentive to recommend Class A shares where platform shares are also available. It describes differences in transaction costs paid by Pelican and ongoing expenses borne by clients. The share class matters even when the underlying fund is the same.

Custody-platform benefits. Pelican receives support from LPL, including research, software, market data and other services. The brochure describes a resulting incentive to recommend LPL’s platform. A benefit to the adviser is relevant even when it does not appear as a separate line on your bill.

Custodians Reported in the Filing

The August filing’s custody information lists LPL Financial LLC with $74,558,859 and City National Rochdale with $14,945,359. This part of the filing covers custodians holding at least 10% of the firm’s aggregate separately managed account regulatory assets under management. It is not necessarily an exhaustive custody list.

The July brochure separately states that clients are required to establish an LPL brokerage account for custody and trading. The custody information and the brochure answer different questions; neither should be used to promise asset safety or insurance coverage.

Which Records Establish Pelican’s Identity?

• Legal entity: Pelican Advisory LLC.
• Firm CRD: 330658.
• SEC file: 801-137207.
• Current status: check IAPD.
• Fees and conflicts: read the dated client brochure and relationship summary.

Keep the Filing Dates With the Facts

This sheet draws on the business disclosure filing submitted August 25, 2026, the client brochure dated July 27, 2026 and the client relationship summary dated August 25, 2026. All were checked September 16, 2026. The company’s About Us page provides background. Use the linked filings for the figures and disclosures reproduced here. This is educational information about public records, not investment, legal or tax advice, an offer of advisory services or a solicitation. Filings can change after this edition.