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Dan Ives Departs Wedbush to Launch AI-Focused Merchant Bank

7/2/2026

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Summary

Story summary

Dan Ives, Wedbush Securities analyst, is leaving to launch a U.S. merchant bank.
The bank will merge proprietary research, advisory, capital raising and investment services.
Ives said it will target AI-driven opportunities and structural shifts in technology, energy and finance.
He will continue covering tech stocks while the bank, to be announced in weeks, hires Wall Street talent.

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Story summary

Dan Ives, Wedbush Securities analyst, is leaving to launch a U.S. merchant bank.
The bank will merge proprietary research, advisory, capital raising and investment services.
Ives said it will target AI-driven opportunities and structural shifts in technology, energy and finance.
He will continue covering tech stocks while the bank, to be announced in weeks, hires Wall Street talent.