Jay M. Ferrans, IAR

CONNECT

Address:

27777 Franklin Road, Suite 700
Southfield, MI 48034

Phone:

,(248) 247-1142,(800) 989-2816

In The Media

Cheapism: 18 Things You Should Do Now If You Don't Plan to Retire

By: Mia Taylor - October 23, 2018

"Taking Social Security as soon as you can may feel good but may prove to be short sighted for your future," says Jay Ferrans, president of JM Financial & Accounting Services in Southfield, Mich..."

 

Retire Ahead: Life Insurance Checkup

By: Ed Avis - May 2018

“Life insurance is very needs-based,” says Jay Ferrans, president of JM Financial & Accounting Services in Southfield, Mich. “If you don’t have a need for it, letting it go is the right thing to do. Use those dollars for something else..."

 

Small Business Trends: Here are 10 Ways to Plan for the Unexpected in your Small Business

By: Rob Starr - May 7, 2018

“The problem is best expressed by the old saying “don’t put all your eggs in one basket, ” says Jay Ferrans, president of JM Financial & Accounting Services in Southfield, Michigan...

 

Retire Ahead: What Social Security Strategy is Right For You?

By: Jeffrey Steele - September 2017

His advice: “Seek out professional assistance from a financial planner well-versed in Social Security...”

 

U.S. News & World Report: 7 Lessons to Master for Financial Literacy Month

By: Rebecca Lake - April 14, 2017

"I never advise a client to take on more risk than they're comfortable with," Ferrans says. "This is a plan for disaster..."

 

U.S. New & World Report: 4 Investment Mistakes to Avoid After Age 50

By: Rebecca Lake - December 27, 2016

"When you're young and accumulating assets for retirement, the ups and downs of the stock market have a much smaller impact," Ferrans says, but when you're older and taking withdrawals in retirement, that can lead to problems if you're not prepared...

 

The Penny Hoarder: The Major Money Move No One Wants to Talk About - But Absolutely Should

By: Dana Sitar - December 23, 2016

“Nobody plans to die,” Ferrans says. “But when you do, and you leave a family, and you don’t have any life insurance because you wanted to put a deck on your house, turns out that wasn’t a good decision. … You really need to prioritize what’s important in your life...”

 

U.S. News & World Report: 4 Tips For Retooling Your Retirement Plan After Divorce

By: Rebecca Lake - November 8, 2016

“Someone who has recently gotten divorced has just been through a life-changing event that will have a significant impact on all areas of their retirement planning,” says Jay Ferrans, president of JM Financial & Accounting Services in Southfield, Michigan...

 

SelfLender: Top Factors That Drive Up The Cost of Life Insurance

By: Douglas Matus - November 1, 2016

“One big surprise for many people is when they have a condition like rheumatoid arthritis,” says Jay Ferrans, president of JM Financial and Accounting Services. “Though it does not reduce life expectancy on its own, many of the medications used to treat it have a negative impact that can drive up premiums..."

 

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Check the background of this financial professional on FINRA's BrokerCheck