Darden Livesay: $682K Complaint Against Morgan Stanley Advisor

Stamford, Connecticut financial advisor Darden Livesay (CRD# 1311042) recently received an investor complaint alleging that his advice resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Morgan Stanley.

Mr. Livesay’s BrokerCheck report discloses one investor complaint. Filed in May 2025, it alleges that as a representative of Morgan Stanley, he made misrepresentations regarding the investment strategy implemented in her account. The pending complaint alleges damages of $682,549.

Morgan Stanley’s website includes a profile of Mr. Livesay that describes him as the Executive Director of the Livesay Balzano Group, a practice within the firm. “Darden spends time reviewing equity and fixed income research, asset allocation, new business development, and more,” it explains. “He is passionate about helping people understand and advance virtually all aspects of their financial journey to achieve their goals.”

Elsewhere, the firm describes its approach to servicing its clients. “We deliver the customized guidance and support you need to help meet your long-term goals and objectives—and aimed to weather volatile times, today and in the future,” it explains. “As your Financial Advisors, we have experience with the unique challenges, styles and strategies to help you preserve and grow your wealth, relying on the insights of seasoned investment professionals, a premier trading and execution platform and a full spectrum of investment choices.”

According to the Financial Industry Regulatory Authority, Darden Livesay holds 40 years of securities industry experience. Based in Stamford, Connecticut, he has been registered as a broker and an investment advisor with Morgan Stanley since 2009. His past registrations include Merrill Lynch. His credentials include the passage of four securities industry qualifying exams: the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the Securities Industry Essentials Examination, or SIE; and the General Securities Representative Examination, or Series 7. He holds 36 state licenses. (Information current as of June 7, 2025.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.