In　present　study,　surfactant　assisted　ball-milling　method　was　applied　to　prepare　SmCo5　nanoflakes,　which　were　then　magnetically　aligned　and　warm　compacted　with　a　liquid　binder　to　make　bulk　anisotropic　SmCo5　bonded　magnets.　Warm　compaction　with　magnetic-field-assisted　liquid　phase　processing　can　decrease　the　viscosity　of　the　binder　to　enhance　the　alignment　of　the　magnetic　nanoflakes,　and　thus　can　produce　high　density　magnets,　providing　a　novel　method　to　fabricate　anisotropic　bonded　magnets.　The　magnetic　properties,　microstructure,　and　crystal　alignment　of　both　nanoflakes　and　bonded　magnets　are　systematically　investigated.　The　X-ray　diffraction　(XRD),　scanning　electron　microscopy　(SEM),　and　vibrating　sample　magnetometer　(VSM)　characterizations　suggest　that　the　obtained　liquid　phase　bonded　magnets　exhibit　enhanced　magnetic　anisotropy　compared　with　those　without　magnetic　field　alignment　and　the　solid　phase　bonded　anisotropic　magnets.　The　remanence　of　anisotropic　phenol　formaldehyde　(PF)　bonded　magnets　(4.43　kG)　is　higher　than　isotropic　bonded　magnets　(3.76　kG),　and　the　energy　product　of　bonded　magnets　increases　from　3.4　MGOe　to　4.8　MGOe　under　the　effect　of　the　magnetic　field.