Pelican Investment Management is a large advisory firm based in Boston. It manages $393.74 million of regulatory assets for 116 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Delaware, Florida, Massachusetts, and 4 other states.
Pelican Investment Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
Pelican Investment Management: assets under management
The assets under management (AUM) of Pelican Investment Management is $393.74 million. The firm's AUM has grown by 1050% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $184.59 million in discretionary accounts and $209.15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.62 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $104.57 million.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Pelican Investment Management for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
