John Peirano: $2 Million Complaint Against Morgan Stanley Advisor

Garden City, New York financial advisor John Peirano (CRD# 2900045) recently received an investor complaint alleging that his advice resulted in seven-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Morgan Stanley.

Mr. Peirano’s BrokerCheck report discloses one investor complaint. Filed in Filed in May 2025, it alleges that as a representative of Morgan Stanley, he unsuitably recommended the customer open liquidity asset lines. The pending complaint alleges damages of more than $2 million.

Morgan Stanley’s website includes a profile of Mr. Peirano that describes him as a member of The Founders Group, a practice within the firm. “As a Family Wealth Director, John focuses on collaborating with high net worth families to develop customized wealth management plans to address their concerns,” it explains. “This includes addressing wealth transfer, investment management, liabilities management, and philanthropy. John has spent his entire career of over 20 years with Morgan Stanley. He has obtained a number of advanced professional credentials to help clients, including the Family Wealth Director title, the Alternative Investments Director title, and the Certified Financial Planner designation, which is recognized as the standard of excellence for competent and ethical financial planning.”

Elsewhere, the practice describes its approach to working with its clients. “Our focus extends beyond your portfolio, to partner with you on your overall financial health and wellbeing,” it explains. “The diversified array of services we offer include unbiased portfolio management on a fiduciary basis, access to exclusive, best-in-class private investments, financial planning, estate and trust services, and lending capabilities through our private bank.”

According to the Financial Industry Regulatory Authority, John Peirano holds 26 years of securities industry experience. Based in Garden City, New York, he has been registered as a broker and an investment advisor with Morgan Stanley since 2009 and 2020, respectively. He was previously registered with Citigroup Global Markets in New York, New York. His credentials include the passage of seven securities industry qualifying exams: the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the National Commodity Futures Examination, or Series 3; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 45 state licenses. (Information current as of June 8, 2025.)

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