Trust Score Methodology

Complete transparency in how we verify investment companies, brokers, and advisers. Our 100-point rubric, direct API integrations, data sources, and limitations—all disclosed.

Quick Summary

The Smart Money Verified Trust Score is a 0-100 rating generated through automated analysis using a weighted 100-point rubric across six categories: Regulatory (20%), Business Background (20%), Reputation (20%), Transparency (15%), Product Quality (15%), and Security (10%). Our system uses machine learning to cross-reference 20+ public data sources including SEC, CFTC, FINRA, and BBB. Scores above 85 indicate "Trusted" status, 70-84 is "Moderate," 50-69 is "Warning," and below 50 is "Avoid."

100-Point Scoring Rubric

Every Trust Score is calculated through automated analysis using a transparent 100-point rubric across six weighted categories. Machine learning aggregates data from multiple sources to evaluate specific aspects of an investment company's trustworthiness.

Regulatory/Registration

20 points20%

SEC registration status, CFTC registration, FINRA membership, state securities licenses, and compliance history with regulatory bodies.

SEC EDGARCFTCFINRA BrokerCheckState Regulators

Business Background

20 points20%

Years in operation, corporate entity status, BBB rating and accreditation, leadership verification, and business continuity indicators.

BBBState Business RegistriesCorporate Filings

Reputation & Reviews

20 points20%

Aggregated customer review patterns, complaint volume and resolution rates, satisfaction trends, and third-party ratings.

Review PlatformsBBB ComplaintsConsumer Agencies

Transparency & Disclosures

15 points15%

Fee structure clarity, ownership disclosure, risk warnings, contact information accessibility, and terms of service transparency.

Company WebsiteSEC FilingsADV Forms

Product Quality & Education

15 points15%

Quality of investment offerings, educational resources provided, clarity of terms, and appropriateness of marketing claims.

Company MaterialsOffering DocumentsMarketing Analysis

Security & Domain

10 points10%

SSL/HTTPS implementation, domain age and history, registrar information, and known security breach indicators.

WHOIS RecordsSSL LabsSecurity Databases

Trust Score Tiers

85-100Trusted

Strong regulatory standing, clean compliance record, high transparency, and positive reputation. Low risk indicators based on available data.

🟡
70-84Moderate

Generally compliant with some areas requiring attention. May have limited history, minor complaints, or incomplete disclosures. Proceed with normal caution.

🔴
50-69Warning

Multiple red flags identified. May include regulatory issues, high complaint volumes, transparency concerns, or negative reviews. Proceed with extreme caution.

0-49Avoid

Serious concerns identified. May indicate fraud indicators, regulatory violations, or illegal operations. Strongly recommend avoiding.

Direct API Integrations

For authoritative verification, we connect directly to official regulatory APIs. This provides verified registration data with unique identifiers like CIK and CRD numbers.

SEC EDGAR API

Direct API

Direct connection to the SEC's EDGAR database for authoritative company verification.

  • CIK number verification
  • Total SEC filings count
  • Registration status & history
  • State of incorporation

SEC IAPD / FINRA API

Direct API

Direct connection to the Investment Adviser Public Disclosure database for broker/adviser verification.

  • CRD number verification
  • Broker-dealer registration status
  • Investment adviser registration
  • Disclosure events & disciplinary history

Why Direct APIs Matter: Unlike web scraping or inferred data, direct API access provides authoritative, real-time verification with unique identifiers (CIK, CRD) that can be independently verified. When you see a "SEC Registered" or "FINRA/IAPD" badge in our results, it means we've confirmed registration through the official government database.

20+ Public Data Sources

We cross-reference data from regulatory agencies, consumer protection organizations, public records, and web searches to build comprehensive company and broker profiles.

RegulatoryDirect API

SEC EDGAR API

Direct API access to federal securities filings, CIK numbers, registration status, enforcement actions, and Form ADV disclosures

RegulatoryDirect API

SEC IAPD API

Direct API access to Investment Adviser Public Disclosure database for CRD numbers, broker/adviser registrations, and disclosure events

Regulatory

CFTC

Commodity Futures Trading Commission registration, disciplinary history, and enforcement orders

RegulatoryDirect API

FINRA BrokerCheck

Broker and advisor registrations, employment history, disclosures, and disciplinary records (via IAPD API)

Regulatory

State Securities Regulators

State-level licensing, registration status, and enforcement actions from all 50 states

Complaints

CFPB Complaints

Consumer Financial Protection Bureau complaint database and resolution patterns

Complaints

Better Business Bureau

BBB ratings, accreditation status, complaint history, and resolution rates

Complaints

State Attorney General

Consumer protection complaints, enforcement actions, and fraud alerts

Digital

WHOIS Records

Domain registration age, ownership information, and registrar details

Digital

SSL/Security Analysis

HTTPS implementation, certificate validity, and known security vulnerabilities

Legal

Court & Legal Databases

Civil litigation, bankruptcy filings, judgments, and legal proceedings

Reputation

News Archives

Media coverage, press mentions, investigative reports, and industry news

Reputation

Review Platforms

Aggregated customer reviews from Trustpilot, Google, and industry-specific platforms

Reputation

Social Media

Social presence verification, engagement patterns, and public sentiment analysis

Search

Real-Time Web Search

AI-powered searches for recent fraud cases, lawsuits, bankruptcies, and negative news coverage

Limitations & Disclaimers

Transparency about our limitations is as important as our methodology. Trust Scores are tools to assist research, not guarantees of safety.

Data Lag

Public records may lag real-time events by days or weeks. Recent fraud cases, bankruptcies, or regulatory actions may not appear immediately.

Limited Data

New companies, private firms, and certain industries have limited public records. This affects score accuracy and confidence levels.

Analysis Limitations

Analysis may miss nuanced context or misinterpret information. Scores should be one input in your research, not the only factor.

Not Investment Advice

Trust Scores are educational tools, not investment recommendations. High scores do not guarantee safety or eliminate risk.

Important Disclosure

Smart Money Verified is a financial publisher and education platform. We do not provide investment advice, solicit investments, or recommend securities. Trust Scores are based on publicly available information and proprietary heuristics. A high Trust Score indicates positive public indicators but cannot predict future performance, guarantee returns, or eliminate investment risk. Always conduct independent due diligence and consider consulting a licensed financial professional before making investment decisions.

Frequently Asked Questions

How is the Trust Score calculated?

The Trust Score uses a weighted 100-point rubric across six categories: Regulatory (20%), Business Background (20%), Reputation (20%), Transparency (15%), Product Quality (15%), and Security (10%). Each category is evaluated using data from 20+ authoritative sources.

Do companies pay to influence their scores?

No. Trust Scores are based solely on publicly available information and our internal heuristics. Paid placement, advertising, or sponsorship does not influence scores in any way.

How often are scores updated?

Scores are generated when you search based on currently available data. Underlying data sources update at different frequencies—some daily, others weekly or monthly. We recommend re-verifying before significant decisions.

Can a company dispute its score?

Yes. Companies may contact us to request a data review if they believe information is incomplete or inaccurate. We investigate and update scores if warranted.

Does a high score guarantee safety?

No. A high score indicates positive indicators based on available data, but cannot predict future performance, guarantee returns, or eliminate risk. Always conduct your own due diligence.

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