Business Insider talked to tech analyst Dan Ives about his plan to form a "modern merchant bank." Beyond a promise to disrupt, the details are sparse.

The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and principal investing.

Dan Ives leaves Wedbush Securities after 25 years to launch Yorkville Ives & Co., an AI-focused merchant bank targeting technology and energy sectors.