Prolific tech analyst Dan Ives is exiting Wedbush for a new venture
Dan Ives, one of Wall Street's most recognizable technology analysts, is leaving his longtime role at Wedbush Securities to launch a merchant bank aimed at combining research, advisory, capital raising and investing under one roof. Ives, who has spent the past eight years at Wedbush and more than 25 years covering technology stocks, said the new firm will seek to build what he described as a "modern merchant bank" focused on helping companies and investors capitalize on opportunities created by artificial intelligence and other structural shifts across the economy. "It's been a phenomenal eight years at Wedbush," Ives said in an interview. "But in looking at the next opportunity, it's to create a modern merchant bank with great partners, long-term capital and something I think will change the way Wall Street looks at investment banks." The firm, which Ives said will be formally announced in the coming weeks, plans to provide proprietary resear...
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