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.
The Biggest Little City in the World has long been known for its gambling and hotels. However, today's Reno aims to be more residential and has sought to diversify its formerly gaming dominated economy. Reno boasts a number of corporate headquarters with several tech companies that take advantage of Nevada's lack of business taxes. Reno itself keeps business licensing simple. The city doesn't reach far with its business regulation and leaves most of the licensing to business-friendly Nevada.