---
title: Merit Financial Acquires $542M WA RIA
description: "FA/RIA Moves & Acquisitions: Merit Financial Acquires $542M WA RIA"
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/seattle-2.png
---

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# Merit Financial Acquires $542M WA RIA

**Written by: ** John Washington, Data Research Analyst 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/seattle-2.png)

Merit Financial Advisors has acquired Viren and Associates, based in Spokane, Washington. The firm oversees approximately $542 million in assets.

Viren and Associates was founded by Paul Viren and Beth Viren, specializing in financial planning, retirement plans, and insurance services including life and disability insurance, as well as group employee benefits. Alongside the Virens, two additional financial planners and client support professionals will join Merit as part of the acquisition. 

This acquisition marks Merit's 25th, indicating a strategic growth path through mergers and acquisitions. The integration of Viren and Associates enhances Merit's service offerings and ability to reach a wider market. 

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