Pelican is a mobile app that helps families setup and fund education savings accounts with a 5.10% APY.

Our mobile app simplifies the process of setting up education savings accounts, creating a seamless experience. With Pelican you can earn 11x more interest than the national average with Pelican's competitive 5.10% APY. Pelican enables families to receive contributions from loved ones, making it easier to build and grow education savings. By connecting with your community, you can enhance your savings strategy and achieve your goals faster.

Pelican first opens a 5.10% High Yield Savings Account for clients, from there you can work with a Pelican advisor to personalize your financial plan.

Pelican works with Altruist to deposit client cash into FDIC-insured partner banks, where the cash earns interest and is eligible for FDIC insurance. Cash in transit to or from the banks, or awaiting deposit, may not be eligible for SIPC coverage. FDIC insurance is limited to $250,000 per depositor, per bank, and per ownership category, and is subject to conditions. Clients can access up to $1 million in FDIC insurance for individual accounts and up to $2 million for joint accounts.

Yes, Pelican Invests LLC is registered with the Securities and Exchange Commission (SEC) as a Registered Investment Advisor that advises clients on securities investments and may manage their investment portfolios.

We protect your accounts with comprehensive insurance coverage, adherence to FINRA and SEC policy, and industry-leading cybersecurity. Pelican employs best-in-class-standard security measures to safeguard your data and ensure a secure user experience.