Depends on what you mean "adequate qualifications"... if it was an approved degree, such as a Bachelor of Financial Planning, then you'd need to sit a professional year (supervised training) and complete an exam. If it was not an approved degree you might need to do 24 subjects. If it was a relevant degree you'd need to complete a Graduate Diploma of FP being 8 more units to be a Financial Planner. if it was a degree from overseas you might need to write and ask.