Bo Wang: Wealth House Advisor Named in Inspired Healthcare Filing

Livingston, New Jersey financial advisor Bo Wang (CRD# 2394019) was terminated from a former member firm in connection with alleged rule violations. Financial Industry Regulatory Authority records show that the former TFS Securities representative is currently registered as a broker with Wealth House Capital.

In addition, Mr. Wang’s name appears on a Form D filing for Inspired Healthcare Capital, a senior living development company that recently entered bankruptcy. According to an InvestmentNews report, the company sold private placement offerings and alternative investments “through a network of independent contractor broker-dealers,” reportedly receiving “more than $100 million in fees and commissions” for investments that later ceased making distributions to investors.

Mr. Wang’s BrokerCheck report discloses his termination from TFS Securities. Filed in 2018, the disclosure states that the firm fired him in connection with allegations of cybersecurity policy violations, including “failing to notify the firm of travel overseas while in possession of work laptop which contained sensitive client data and also accessing the firm’s business systems to place trades.” He also allegedly “violated his Special Supervision Agreement with the firm when he placed trades in accounts that did not have cleared funds.” The disclosure details further allegations that he distributed advertising containing recommendations of structured notes and REITs without first obtaining firm approval, and that because these communications solicited purchases of investments without furnishing a current prospectus, they violated industry rules.

“I boasted a 20-plus year spotless compliance record until I mistakenly affiliated with TFS Securities in 2016,” Mr. Wang wrote in a statement included with the disclosure. “Accusations like client communications without prospectuses are made up and unfounded as they are provided via hyperlinks. Trades were placed (but were rejected) only after funds had been posted to client accounts. Orders were placed via Pershing NetX360. No TFS trading system ever existed.”

A second disclosure on his BrokerCheck report concerns an investor complaint against him. Filed in 2009, it alleged it alleged that as a representative of Banc of America Investment Services, he made unauthorized trades and unsuitable investment recommendations. The complaint reached a settlement of $8,586.02.

According to the Financial Industry Regulatory Authority, Bo Wang holds 31 years of securities industry experience. Based in Livingston, New Jersey, he has been registered as a broker with Wealth House Capital since 2024. His past registrations include Landolt Securities, NI Advisors, TFS Advisory Services, TransAmerica Financial Advisors, Wells Fargo Advisors, Banc of America Investment Services, Quick & Reilly, Chase Investment Services, EQ Financial Consultants, and the Equitable Life Assurance Society of the United States. He is licensed in California, Connecticut, Delaware, Florida, Maryland, Massachusetts, Nevada, New Jersey, New York, Pennsylvania, Texas, Virginia, and Washington. (Information current as of March 20, 2026.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. The firm is currently investigating brokers who sold investments in Inspired Healthcare Capital. 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.