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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Deal Dive: What Q3 had in store

Deal Dive: What Q3 had in store

Your regular IFA M&A round-up

Isabel Baxter
clock 16 October 2025 • 4 min read
All the advice firm acquisitions that have taken place in 2025

All the advice firm acquisitions that have taken place in 2025

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 15 October 2025 • 3 min read
Stuart Carswell: Pareto's acquisition ambitions keep clients front and centre

Stuart Carswell: Pareto's acquisition ambitions keep clients front and centre

‘Putting the client first in everything we do’

Jenna Brown
clock 14 October 2025 • 6 min read