Financial planner's online book shop for advisers shuts down during pandemic

Phynancial ‘on pause’

clock • 2 min read

Financial services book website Phynancial has shut its doors during the coronavirus pandemic despite a steady demand for its service.

Satis Wealth Management director and Chartered financial planner David Hearne set up Phynancial in December last year, with the sole purpose of selling books written by US financial advice veteran Nick Murray. Hearne has sold about 200 books to UK advisers since the website began, but recently ceased operating because of Covid-19. He said: "It's not about me making money to live or feed my family so I decided it was non-essential for me to go to the post office. It felt wrong for me to take money and delay shipping, so I made the decision to close it and as soon as lockdown is over 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 profession

Feel Good Friday: Castlefield partner expands not-for-profit refill hubs across Cheshire

Feel Good Friday: Castlefield partner expands not-for-profit refill hubs across Cheshire

Project run by Eco Communities

Professional Adviser
clock 15 May 2026 • 1 min read
Closing the advice gap: The case for attitudinal targeted support

Closing the advice gap: The case for attitudinal targeted support

TISA’s Sophie Legrand-Green on a ‘significant’ way to influence consumer behaviour

Sophie Legrand-Green
clock 14 May 2026 • 4 min read
Women in Financial Advice Awards 2026: All the nominations!

Women in Financial Advice Awards 2026: All the nominations!

More than 1,150 women from 450 firms were nominated for WIFA 2026

Professional Adviser
clock 14 May 2026 • 29 min read