Merit Acquires Viren


March 28, 2024

On March 13, 2024, Merit Financial Advisors announced that it acquired Viren and Associates, Inc.

Merit Financial Advisors (“Merit”) announced on March 13, 2024, that it has acquired Viren and Associates, Inc. (“Viren”) in a transaction finalized on March 8, 2024. Further terms of the deal were not disclosed.

Merit, based in Atlanta, Georgia, is a hybrid registered investment advisor that provides financial planning and wealth management for high-net-worth individuals and families. As of December 2023, Merit had $10 billion in client assets, including $715 billion in advisory, $2.7 billion in brokerage assets, and $242 million in assets under advisement.

Viren, based in Spokane, Washington, is a financial planning firm that also specializes in retirement plans, life and disability insurance, and group employee benefits. Viren has $542 million in assets under management.

To read the press release: please click here.

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