Answer: It depends on the profession. But for businesses, one of the documents earned by passing a state licensing exam to be a qualified financial advisor would be the Series 6 license.
Step-by-step explanation:
To be a government-recognized financial advisor and to conduct business within the borders of that state, one must earn a Series 6 license, which allows one to begin a business with other clients or parties. This can later be upgraded to a Series 7 license. Both are administered by FINRA - the Financial Industry Regulatory Authority.
Along with the Series 6 and Series 7 licenses, one must also pass the Series 63 license, which tests a financial advisor on the state's laws and regulations. For those taking commissions, they must earn a Series 65 license.