Chorley-based True Bearing AUM passes £1bn milestone  

The firm bought nine IFAs in 2022

Julia Bahr
clock • 2 min read

Chorley-based IFA True Bearing, part of the Amber River group, has revealed that it hit £1bn on behalf of their clients as the firm continues its acquisition spree. 

In the last nine months, True Bearing purchased seven IFAs based in locations across the North West and beyond, including Radcliffe, Bowden, Sale, Preston, Cockermouth, Stoke and Macclesfield.   The firm said it was also in talks with several other North West IFAs. "With these further acquisitions in the pipeline, we hope to pass the 10m turnover mark," it said.  True Bearing chairman George Critchley added: "The firms we have decided to buy have been run by people with the same down to earth attitude as ours, so it appears there is a good cultural fit. We value every pound that our i...

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