Investment Advisers provide financial advice and perform securities transactions for an annual flat-fee from their clients. This is designed to make it so advisers do not hold a personal stake in performing transactions and therefore give their clients the best possible advice. Still, the federal government licenses and monitors investment advisers as do state regulators.
Businesses in Silicon Valley face a fair amount of regulation and licensing. San Jose’s police department licenses a fair number of businesses seen to have the potential to foster vice crimes. Additionally, in combination with Santa Clara County, San Jose keeps a firm hand on public health and businesses that can impact it. City and county websites make locating forms and fees somewhat difficult despite San Jose being known as the seat of the technology industry.