Dan Ives, the Wall Street analyst known for his bullish tech calls, is making a big bet on himself
Prominent tech analyst Dan Ives is leaving Wedbush Securities to launch a new merchant bank called Yorkville Ives. The venture aims to combine investment banking, equity research, and principal investment with a specific focus on AI and infrastructure.
Why it matters
Ives is a highly influential voice in tech markets; his move signals a shift toward specialized, AI-focused financial services that aim to disrupt traditional Wall Street models.
Dan Ives is leaving Wedbush to build a "modern merchant bank." Roy Rochlin/Getty Images for Yorkville Ives & Co. Dan Ives, a bullish tech analyst with a huge following, is building a "modern merchant bank." He told Business Insider about the 10- to 20-person venture, but was light on details. Ives said there's no specific hiring plan or ideal client as the bank aims to disrupt Wall Street. Dan Ives is taking his bullishness to a new level. Ives, a tech analyst known for his AI conviction as much as his neon wardrobe , has left Wedbush Securities to form a "modern merchant bank" focused on AI, technology, and infrastructure. He's partnering with the broker-dealer Yorkville Securities to form Yorkville Ives, where he'll be a partner and senior managing director. The bank will combine investment banking, equity research, institutional trading, and principal investment, according to an announcement.
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