Tag: Wealth Management
Family, Faith, and Financial Resilience With Cassidy Sumpter (Ep.9)

Family, Faith, and Financial Resilience With Cassidy Sumpter (Ep.9)

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Uncover the heartfelt legacy of resilience and love as we dive deep into a family’s journey through cancer and discover the life lessons that emerged.

This special episode features Jim Sumpter and his daughter, Cassidy, as they share poignant stories about Carson, who battled cancer with courage and joy. Learn how these experiences have profoundly influenced Jim’s approach to financial planning, infusing it with empathy and resilience. 

Key episode discussions include:

  • The Strength of Family Bonds & how Carson’s battle with cancer united and strengthened his family.
  • Jim’s personal experiences have made him a more understanding and supportive financial advisor
  • How facing life’s toughest challenges can inspire personal growth and resilience.
  • The value of experiences over material possessions, and how these moments shape our lives

Connect with Jim Sumpter: 

 

About our Guest: 

Cassidy is Jim’s youngest daughter.  At 20 years old, she is a Junior at the University of Alabama majoring in Elementary Education and a member of Alpha Delta Pi (ADPi) sorority.  Cassidy is also a member of Tau Sigma National Honor Society. She lives in Tuscaloosa, Alabama with her dog, Buttercup.

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Estate Planning for Young Families + The Must-Have Documents (Ep.6)

Estate Planning for Young Families + The Must-Have Documents (Ep.6)

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Are you prepared for life’s ultimate certainties? Join us as we demystify estate planning with attorney Alex Priester, helping ensure you and your loved ones are protected.

We’re discussing some of the critical components of estate planning—wills, powers of attorney, and medical directives. Alex Priester, a seasoned estate planning attorney, walks us through the essentials, explaining why these documents are vital at every stage of life. 

From young families to retirees, we cover practical advice and real-life examples, helping you navigate the complexities of estate planning.

Episode discussion points include:

  • Learning the who, what, and why of wills, and why they’re crucial for protecting your assets and loved ones
  • Discovering the importance of having a power of attorney for both financial and healthcare decisions
  • Understanding how medical directives go beyond a simple DNR, ensuring your healthcare wishes are respected
  • Why estate planning isn’t just for retirees & why young adults, parents, and mid-life professionals also need comprehensive estate plans too

Resources:

Connect with Jim Sumpter: 

Connect with Alex Priester:

About our Guest: 

Alex, a native of Huntsville, Alabama, graduated from The University of Alabama School of Law in 2020 with her J.D. and LL.M. in Taxation. 

During her time in law school, Alex was awarded The University of Alabama Federal Tax Clinic Scholarship and the Justice Janie L. Shores Scholarship.  Alex received awards for best paper in each of her tax courses including Personal Income Taxation, Capital Gains Transactions, Corporate Transactions, Civil Tax Procedure, and Business and Accounting Ethics.  Alex was inducted into the Bench and Bar Legal Honor Society and served as an ambassador for future and incoming students of The University of Alabama School of Law.

In addition to her academic studies, Alex served as a member of the Public Interest Student Board and was awarded the Dean’s Community Service Award, the Student Pro Bono Award, and the Order of the Samaritan for her pro bono and law-related volunteer work. 

Alex lives in Leeds with her husband, Jake Hoogstra, and their 4 “furkids.”  Her hobbies include reading, baking, traveling, and golfing with her dad.

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Cash Flow: The First Piece of Your Financial Puzzle (Ep. 3)

Cash Flow: The First Piece of Your Financial Puzzle (Ep. 3)

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You want to take control of your finances but don’t know where to start. Sound relatable?

It’s time to unpack the first piece of your financial puzzle — cash flow.

Tune in as Jim Sumpter, CFP®, explains the role of cash flow in financial planning. Whether you’re just starting your career, gearing up for retirement, or navigating the middle, this episode is a must-listen for anyone looking to make smarter financial decisions.

Jim discusses: 

  • Why cash flow planning should be considered in every stage: wealth accumulation, preservation, and distribution
  • The need to understand gross vs. net income
  • The 50-30-20 rule to allocate your income effectively
  • How to optimize your emergency fund by dividing it into three tiers of cash reserves
  • Avoiding the costly endeavor of budget creeps
  • And more

Connect with Jim Sumpter: 

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Meet Your Host Jim Sumpter! (Ep. 1)

Meet Your Host Jim Sumpter! (Ep. 1)

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Financial planning is similar to solving a puzzle. The decisions are intertwined, and we have to carefully piece them all together to achieve the big-picture vision.

That’s exactly what we will explore in The Financial Puzzle Playbook!

Welcome to the inaugural episode, where you will get to know your host Jim Sumpter, CFP®, both personally and professionally.

Jim discusses: 

  • Childhood stories, working with his dad, and early life lessons he cherishes to this day
  • How he got started in financial services
  • His experience working with clients from various parts of the world
  • An intro to the six key puzzle pieces we’ll cover in future episodes
  • And more

Connect with Jim Sumpter: 

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The Story Behind the CMC Financial Brand (Ep. 2)

The Story Behind the CMC Financial Brand (Ep. 2)

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The name ‘CMC’, the different financial puzzle pieces, and our bright color scheme of teal, green, pink, and yellow — they all are an essential part of our brand.

But how did it all come together?

Let’s take a look at the origins of the CMC Financial brand with your host Jim Sumpter, CFP®. In this episode, Jim takes listeners behind the scenes and shares his journey of becoming an independent advisor and how he involved his kids in the branding process.

Jim discusses: 

  • A recap of the six essential financial puzzle pieces
  • The intertwined nature of financial decisions (with examples)
  • A little about the lives of his three dearly loved kids: Carson, Madison, and Cassidy
  • What listeners can expect in future episodes
  • And more

Resources:

Connect with Jim Sumpter: 

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