Dan Ives Launches Yorkville Ives Merchant Bank After Wedbush Exit
Star tech analyst Dan Ives departs Wedbush to co-found Yorkville Ives & Co., a full-service merchant bank blending research, trading, and investing.
Prominent Wall Street technology analyst Dan Ives has left Wedbush Securities to launch a new merchant bank, Yorkville Ives & Co., marking one of the most high-profile departures in equity research in recent memory. The move signals a significant career pivot for one of the most-quoted analysts in the technology sector, who built a wide public following through bullish calls on companies like Tesla and Apple.
Yorkville Ives & Co. is designed as a multi-disciplinary financial firm, combining investment banking, equity research, institutional trading, and principal investing under one roof. That breadth of services positions the new venture as a full-service merchant bank rather than a boutique research shop, suggesting Ives and his partners are targeting a wide range of institutional and corporate clients from the outset.
Read more Coinbase's Jesse Pollak Steps Back From Base App Leadership →
The departure of a star analyst to form an independent firm reflects a broader trend on Wall Street, where high-profile talent increasingly seeks ownership stakes and entrepreneurial upside rather than remaining inside large broker-dealers. For Ives, whose technology commentary regularly moved markets and earned widespread media coverage, the transition into investment banking could amplify his influence beyond public markets commentary into deal-making and capital raising.
The launch of Yorkville Ives & Co. raises immediate questions about the firm's initial client roster, its research coverage universe, and whether Ives will maintain the prolific, media-forward style that made him a household name among retail and institutional investors alike. The firm's principal investing component also suggests it may take direct positions in companies, adding a dimension of financial skin-in-the-game that pure research roles do not carry.
Continue reading at US Top News and Analysis.