Pelican Wealth Management

Pelican Wealth Management provides discretionary investment management and selection of third‑party money managers for individuals, high‑net‑worth clients, charitable organizations and businesses. The firm generally charges asset‑based fees and primarily advises on exchange‑traded funds, mutual funds and variable annuities.

The firm develops individualized investment policies using a mix of fundamental analysis, Modern Portfolio Theory, cyclical analysis and passive strategies, and may implement BlackRock model portfolios; accounts are monitored and reviewed at least quarterly. Operationally it relies on third‑party platforms — including Focus Partners Advisor Solutions for trade processing and sub‑advisory support and custodians such as Charles Schwab — and offers a bank deposit option through Flourish Cash.

In 2026 Pelican Wealth underwent an ownership restructuring and streamlined its services, discontinuing prior pension consulting and educational workshops while establishing an affiliated tax‑preparation entity (Pelican Wealth Tax Advisors, LLC) that provides separately billed tax services. For a firm with roughly $11.9 million in assets under management and about 49 clients, the recent ownership change, narrowed service set, and the presence of an affiliated tax business alongside reliance on third‑party operational partners are notable features that may affect referral relationships and potential conflicts of interest.