Norwood Economics
Building A Better Retirment


Cost. Service. Education. 


Norwood Economics, Inc. was founded in 2013 to serve businesses and individual clients, and their 401(k), Cash Balance, and Wealth Management needs. 

Our mission is to provide low-cost, unbundled plans that are custom designed to meet the needs of your workforce based on your census. We are usually able to reduce 401(k) plan costs by 40% to 50%, while greatly improving plan design to better accomplish owner goals.

Our firm excels in providing plan administrators with the support and service they need to ensure their plans remain compliant. Recognizing the need for experts in retirement plans, including plan design and plan administration, we chose to specialize in low-cost, comprehensive 401(k) and Cash Balance plan solutions. Our ability to save business owners and participants (often one and the same) tens of thousands in annual cost savings, leading to hundreds of thousands in additional retirement funds for all participants over 10 and 20-year periods, is what sets us apart from our competitors. 

We also specialize in Wealth Management, including comprehensive Retirement Planning. Client portfolios are managed by Chartered Financial Analysts; CFA's are institutionally trained investment specialists. We provide you with a financial advisor who will listen to your needs, and customize a financial plan that will work for you: one size doesn't fit all. Our goal is your successful retirement. 


Get in touch

We at Norwood Economics know that finding the right retirement specialist is important. That’s why we offer a free, independent, third-party review of your 401(k) plan, and also Cash Balance Plan Illustrations to show available tax savings.

We also offer free portfolio reviews, and free initial retirement planning to help you get to know us and the value that we can bring to our relationship.

Call 317-559-2333 to talk with a retirement specialist.

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Our Team


ceo, chief investment strategist

Christopher R. Norwood, CFA

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Christopher R. Norwood, CFA is the founder of Norwood Economics, Inc., a Registered Investment Advisor specializing in low-cost, small business 401k and Cash Balance Plans. His career in Financial Services spans 24 years and includes the founding of Thunderbird Management, the general partner for Keystone Fund L.P., a private fund that received national recognition in the early 2000's as a top alternative investment fund. He co-founded Biechele Royce Advisors, serving as its managing partner and Chief Investment Officer and was Chief Market Strategist for Wallington Asset Management, where he was instrumental in formulating asset allocation policy and portfolio strategy during the bear market of 2007-2009 for the $365 million AUM firm.

Mr. Norwood earned a Bachelor of Arts degree in Journalism from Davidson College and a Master’s degree in Public Administration from the University of Colorado.  He received the Chartered Financial Analyst (CFA) designation in 1999 from the CFA Institute. He is a past board member of the CFA Society of Indianapolis and a current member of the CFA Institute.  Additionally, he is a member of the Estate Planning Council of Indianapolis, sits on the Fishers Chamber Advocacy board and is a past President of the Carmel Golden K Kiwanis club. Chris is an Adjunct Professor of Economics at the Butler University Business School in Indianapolis, where he teaches Principals of Macroeconomics.

As an officer in the United States Air Force Chris logged thirty-five combat missions and one hundred fifty-five combat hours in the F-15C Air-to-Air superiority fighter while in Southwest Asia. He received two meritorious service medals, an air combat medal, an aerial achievement medal and the Southwest Asian combat medal. Additional duties included serving as the Air Force liaison officer to Thailand and special advisor to the American Ambassador for military arms sales from 1995 to 1998 - an experience that he credits with broadening his perspective on investing outside of the United States.



regional account advisor 

Richard L. Parker

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Richard Parker joined Norwood Economics in 2015 and serves as the Regional Account Advisor for the southeast US. His professional background includes 30 years of finance and analytical work, most of which was spent in the auto finance industry. His career includes being named Director of Finance at PRIMUS Automotive Financial Services, a $30 billion subsidiary of Ford Motor Credit. During his tenure Mr. Parker led a full Finance team including budgeting, forecasting, accounting, procurement, treasury operations, risk management, auditing and portfolio analytics. Additionally, he served on the PRIMUS retirement plan advisory committee where he developed his interest in retirement planning.

Mr. Parker has a Bachelor of Arts degree in Mathematics from the University of Tennessee and a Master of Business Administration degree from Belmont University. He serves as Treasurer on the Board of Directors for Veritas Federal Credit Union. He and his wife Nancy reside in the metro Nashville area.


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client relationship manager 

Elizabeth Norris

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Elizabeth Norris joined Norwood Economics in 2017 as a Client Relationship Manager. Her background includes Nonprofit Management and Marketing for such organizations as Joffrey Ballet Chicago and Blumenthal Performing Arts Center in Charlotte, NC. She has served as a Grant Writer for small and mid-size Nonprofits including Operation Home, Charleston Housing Authority and River Alliance Indiana.

Elizabeth holds a BA in Journalism and Art History from Winthrop University and an MFA in Non-Fiction Writing from Indiana University. She is currently pursuing her Series 65, and will work towards her MS in Finance.



Retirement Benefits Manager

Drew McGill

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Bio coming soon!



Office manager

Hope Oswalt


Bio coming soon!