What Verdica's 828 score means for Financial Services Firm 77
Financial Services Firm 77 in New Jersey scores 828 out of 850 on Verdica's composite scale, placing it firmly in the "excellent" band (800–850). This score reflects a financial services provider with strong regulatory standing, minimal disciplinary friction, and consistent business profile indicators.
For a business owner or consumer evaluating this firm, an 828 score signals low compliance risk from a regulatory perspective. It does not mean the firm is perfect or risk-free—no organization scores 850—but it does indicate that SEC and FINRA records show no major red flags, current licensing is in good order, and the provider operates within established industry norms. The score is supported by independent customer reviews averaging 5.0 out of 5.0 across seven indexed ratings, which adds a real-world layer to the regulatory data.
Readers should interpret this score as a favorable starting point for due diligence, not a substitute for it. A high compliance score reflects past and present regulatory behavior; it does not predict future performance or guarantee service quality in your specific use case.
How the sub-scores break down
Registration & Compliance: 850/850 This perfect sub-score indicates that Firm 77 maintains current licenses and registrations required by the SEC and FINRA, and has no material compliance violations on record. In the financial services industry, this dimension tracks whether a firm holds the proper broker-dealer, investment adviser, or related licenses for its stated business activities, and whether it has failed audits, missed filings, or triggered regulatory suspensions. An 850 here means the firm's registration status is clean and up-to-date.
Disciplinary History: 850/850 Also perfect, this sub-score means Firm 77 has no substantive disciplinary actions, complaints upheld by regulators, or sanctions in SEC or FINRA records. The financial services industry maintains detailed public disciplinary databases because investor protection depends on transparency about past misconduct. Violations range from minor (late filings) to severe (fraud, theft, or repeated suitability failures). A score of 850 signals no such entries, indicating the firm and its registered representatives have not been found liable for regulatory breaches.
Business Profile: 760/850 This sub-score is notably lower than the other two—though still in the "strong" range—and reflects business risk indicators beyond disciplinary history. These indicators typically include firm size, asset concentration, turnover metrics, regulatory examination findings, and other operational risk factors. A 760 suggests the firm operates normally but may have some profile characteristics (such as a smaller asset base, higher employee turnover, or certain business line concentrations) that regulators monitor more closely. This is common and does not indicate misconduct; it simply reflects structural or operational traits that carry higher inherent risk.
What regulators in NJ track for financial services providers
The SEC and FINRA maintain public disclosure systems that Verdica uses to populate its scoring model. These systems track:
- Licensing and registration status: Current and historical licenses under SEC or FINRA oversight.
- Disciplinary records: Formal findings against the firm or its representatives for violations of securities laws, FINRA rules, or conduct standards.
- Examination results: Findings from routine regulatory exams, flagged for deficiencies or systemic issues.
- Business metrics: Assets under management, customer counts, revenue sources, and affiliated entity relationships.
- Complaint and arbitration outcomes: Customer disputes resolved through industry arbitration, with findings available to regulators.
Scores move based on the absence or presence of these data points. A firm with clean registration, no disciplinary actions, and stable business metrics scores well. Conversely, unresolved complaints, licensing lapses, or exam deficiencies lower scores.
Bottom line
Financial Services Firm 77 presents a strong regulatory profile with an 828 score and perfect marks in registration and disciplinary history. Before engaging this firm, verify that its specific licenses match your needs, review the customer ratings in detail, and request references relevant to your anticipated business relationship.