Fee-only adviser · Monroe, LA
Pelican Wealth Management
Pelican Wealth Management is a fee-only investment adviser registered with the securities regulators of Louisiana, Texas, with its main office in Monroe, Louisiana. On its latest Form ADV, filed March 12, 2026, it reports $12M in regulatory assets under management, 49 individual clients and 1 employee who gives investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | State-registered: Louisiana, Texas |
|---|---|
| Firm CRD number | 289549 |
| Office | 3001 Armand Street Suite L Monroe, LA 71201 |
| Phone | (318) 600-3010 |
| Website | www.pelicanwealth.org |
| Regulatory assets under management | $12M |
| Individual clients | 45 non-high-net-worth, 4 high-net-worth |
| Financial planning clients | 1-10 |
| How it charges | Percentage of assets |
| Services | Portfolio management, Selection of other advisers |
| Employees | 1 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | March 12, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in Monroe
- Graham, Bordelon, Golson & Gilbert, Inc. $421M
- Vines Capital Management, LLC $192M
- Heritage Capital Management, Inc. $61M
See all 4 fee-only advisers in Monroe →
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