Dan Ives Leaves Wedbush After 8 Years to Launch AI-Focused Merchant Bank
Updated
Updated · CNBC · Jul 1
Dan Ives Leaves Wedbush After 8 Years to Launch AI-Focused Merchant Bank
3 articles · Updated · CNBC · Jul 1
Summary
Dan Ives is leaving Wedbush Securities to start a merchant bank that will combine research, advisory work, capital raising and investing, with a formal launch planned in the coming weeks.
The new firm will target AI-driven opportunities and broader structural shifts across technology, energy and financials, aiming to pair proprietary research with long-term capital and strategic advice.
Ives, a 25-year technology-stock veteran and one of Wall Street's best-known bullish AI analysts, said he plans to keep covering tech stocks while building the business.
The move is an unusual jump for a high-profile sell-side analyst, though Ives had already taken on atypical roles at Wedbush, including board work at Zeta Global and a brief chairmanship at Eightco.