Pelican Investment Management (Boston)

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. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Pelican Investment Management

John Sebastian Paolella has been acting as President since 1 Jan 2005. David Jacobus Callard joined the executive team most recently as the Chairman; Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Anthony Douglas Pell	Ceo	1 Aug 2001	75% - 100%	824086
David Jacobus Callard	Chairman; director	1 Sep 2002	50% - 75%	38628
John Sebastian Paolella	Director	1 Jan 2005	Other	2475433

Based in Boston

The principal office where Pelican Investment Management performs its advisory services is located at One Liberty Square, Boston, MA 02109, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.