Dan Ives, a well-known technology analyst on Wall Street, is leaving Wedbush Securities to start a new financial venture. Multiple outlets report that Ives is exiting his role at Wedbush and plans to launch a “modern merchant bank,” according to comments he has made about the new firm’s approach. The reporting characterizes the move as a transition from his existing work as a tech-focused analyst to building a new platform in investment and advisory services. While details on the firm’s specific operations, partners, and timeline are not fully provided in the available summaries, the sources agree on the central points: Ives is departing Wedbush and is using the exit to pursue a merchant-banking model. One outlet also describes Ives as having a prominent public profile and a reputation for consistently bullish views, though that characterization does not change the core facts of his departure and his stated goal for the new venture. Overall, the coverage frames the announcement as a career shift from sell-side research work to creating a new financial business centered on merchant banking.