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

Financial planner flags client concerns over funding university

Financial planner flags client concerns over funding university

Follows research from Rathbones

Sophia Panayi
clock 13 July 2026 • 2 min read
Natwest and Santander latest banks planning to offer targeted support

Natwest and Santander latest banks planning to offer targeted support

Banking sector begins to dominate targeted support offerings

Sophia Panayi
clock 13 July 2026 • 1 min read
Friday Night Takeaway: It's the return of the banks

Friday Night Takeaway: It's the return of the banks

The news editor's Friday Night Takeaway from 10 July

Isabel Baxter
clock 10 July 2026 • 3 min read