Dan Ives Departs Wedbush to Launch AI-Focused 'Modern Merchant Bank'
- Dan Ives, one of Wall Street's most quoted tech analysts, is leaving Wedbush Securities to start a new venture combining research, advisory, capital raising and investing under one roof with an AI focus (CNBC).
- Ives intends to continue publishing research on the tech sector while building out the merchant bank, a structure that blurs the line between research, banking and principal investing.
- The move raises fresh questions about independence and information barriers for tech-stock coverage during a period when Wall Street AI research is increasingly a profit center.