The only state in the Union with Napoleonic Code and parishes instead of counties has always been a little different thanks to its French roots. However, today's Louisiana has similar business licenses and permits to other states. In fact, it regulates significantly at the state level while even New Orleans, its largest city, remains light on licenses and permits.
In Louisiana, financial Services Firms provide financial planning, money management and investment advice. Because people rely heavily on the advice of financial services professionals, firms are required to be licensed at both federal and state levels. Of course, local businesses licenses are usually required as well.