Crisis at Evergreen Consultants: Mass Staff Exodus, Client Losses, and a Risky Stake Sale by Angela Ashton
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The once-prominent independent asset consultancy Evergreen Consultants , co-founded by Angela Ashton in 2016, is now facing severe internal disruption. The firm, which built its reputation on bespoke investment advice for financial advisers, is reportedly in turmoil, struggling with a mass staff exodus, major client departures, and an uncertain future as Ashton seeks to offload her controlling stake. Angela Ashton’s Controlling Stake on the Market — But at What Cost? As reported in The Australian Financial Review , Ashton has been approached by several parties keen to acquire her 53% controlling interest in the business — a stake that effectively determines the direction of the firm. However, no deal has been struck, as sources reveal Ashton’s insistence on remaining closely involved in the business post-sale has stalled negotiations. Her dominant equity position — confirmed in ASIC filings — gives her a majority of Evergreen’s Class A shares, making he...