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Individual licenses and registrations of financial professionals must be acquired and maintained on a state by state basis, with separate requirements and fees charged by each state. Generally, a financial professional must be fully licesnsed and registered in the state where you reside in order to offer you products or services. In addition, they are licensed in the state in which they conduct their business. AXA Advisors Financial Professionals are licensed in the state indicated in the address beneath their name and may be licensed in additional states.