Star Tech Analyst Dan Ives Leaves Wedbush to Launch New Firm
Prolific Wall Street tech analyst Dan Ives is departing Wedbush Securities to co-found a new venture he describes as a 'modern merchant bank.'
Dan Ives, one of Wall Street's most recognizable technology analysts, is leaving Wedbush Securities to launch a new financial venture, marking a significant departure from the firm where he built his public profile as a bullish voice on major tech stocks. Ives confirmed the move, signaling a sharp pivot from his role as a sell-side analyst to that of an entrepreneur.
Ives described the new firm's ambition as building a "modern merchant bank," a concept that blends traditional investment banking functions with advisory and capital-deployment roles — though precise details about the venture's structure, backers, or timeline have not yet been made public.
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The departure carries weight across the financial media and investment community. Ives became a go-to commentator on companies like Apple, Tesla, and Microsoft, frequently appearing on television and in print to offer often-optimistic price targets and market forecasts. His exit leaves a notable gap at Wedbush, which leaned heavily on his visibility to drive its technology research brand.
While the full contours of the new venture remain unclear, the move reflects a broader trend of high-profile analysts leveraging their personal brands to launch independent platforms, potentially capturing economics beyond what traditional brokerage research desks offer. For clients and followers of Ives, the transition raises questions about continuity of coverage and what form his market commentary will take going forward.
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