Sarah Hackney, a former NAB Private Wealth adviser, has reportedly launched Full Circle Wealth Management, a new open architecture independent advice platform.

The new venture is backed by Glenn Poswell, the former CEO of Ellerston Capital, according to a Financial Standard report.

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Full Circle Wealth Management, which is primarily aimed at HNWIs, will offer advice on areas including risk and protection and self-managed superannuation funds.

The publication quoted Hackney as saying that Full Circle was established "on the basis, that in our view, independent, sound advice is increasingly hard to find."

"We offer an open architecture, independently owned platform with tailored advice for individuals and their families when it comes to wealth protection and inter-generation transitions," She added.

Hackney officially left NAB Private Wealth this week after three weeks gardening leave.

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