LOW-COST, FEE-ONLY WEALTH MANAGEMENT

Schedule a Meeting

Norwood Economics was founded in 2013 to fill a need for concierge level service at an affordable price. We are a low-cost, fee-only wealth management firm - no hidden fees, no commissions, and no conflicts of interest. We are often half the cost of the average, local fee-based advisor: saving 1% is the equivalent of earning 1%. Our fee includes annual Financial and Retirement Planning, Estate Planning, Tax Planning, Elder Care, and Insurance Planning.


Call (317) 559-2333 for a free, initial wealth management consultation.

WE PROVIDE SUCCESSFUL STRATEGIES SO YOU DON'T HAVE TO

Our job is to make it easier for you. Easier to grow your wealth. Easier to have a fun, rewarding retirement. Easier to leave your assets to your loved ones.



Our investment philosophy begins with building low-cost, diversified portfolios. We focus on strategic allocation to meet your spending needs, while using tactical allocation to add value. We overweight and underweight different asset classes (as well as within asset classes) based on both the macroeconomic environment and price. We favor using low-cost index funds and ETFs as well as individual stocks. We are value investors who buy good companies when they go on sale. We look for companies with strong balance sheets that typically pay a dividend.

Businesswoman Typing on Her Tablet — Fishers, IN — Norwood Economics

Call Norwood Economics at (317) 559-2333 and speak with a wealth management professional that will put your needs first.

recent blog posts

The Jobs Report Friday Could Spark a Rally or Sell-off

By Christopher Norwood • September 2, 2025
Executive Summary The S&P 500 finished down 0.1% at 6,460.26 last week The S&P is up 9.8% on the year. Industrials and Communication Services are leading the way Personal income rose in line with expectations for July, climbing 0.4% up from 0.3% the prior month A weak payroll number on 5 September means a Fed rate cut on 17 September Unemployment is expected to rise, but it is still low relative to history Wage growth close to 4% will make it hard for inflation to fall to 2% The predictions market has the odds of a recession at 8% The ICE BofA US High Yield Index spread is near all-time lows A bear steepener is increasingly likely. A bear steepener is when the yield curve falls at the short end but rises at the long end

One of Financial Planning's Most Important Inputs is the Expected Average Inflation Rate

By Christopher Norwood • August 25, 2025
Executive Summary The S&P 500 rose 0.3% last week to close at 6466.91 The CME FedWatch tool initially raised the chances of a September rate cut to 84.7% The stock and bond markets opted to buy Fed Chairman Powell’s Friday morning speech Investors now seem certain that the Fed will start cutting again The current five-year breakeven is 2.48% The 10-year breakeven is 2.41% The core Consumer Price Index (CPI) is 3.1% Disinflation appears to be over as the inflation rate is no longer falling The St Louis Fed’s Financial Stress Index is negative 0.8153. A negative number means below-average financial market stress The real 10-year interest rate is falling. Money is getting cheaper. The Fed’s balance sheet is shrinking, but is still 22% of GDP An indebted economy can’t withstand high interest rates  The Stock Market

Overvaluation is a Poor Market Timing Tool

By Christopher Norwood • August 18, 2025
Executive Summary The S&P 500 rose 1.01% last week to finish at 6,449.80 The stock market keeps hitting new highs Market strategists are expecting earnings growth to accelerate in 2026 Margins remain near record highs Corporate profit margins will likely take a hit from tariffs Passing tariff costs on to the consumer means raising prices Core CPI rose by 0.3% in July The PPI jumped 0.9% last month, the largest monthly increase in more than three years Buffett says it’s dangerous when the market cap rises to more than 140% of GDP. Currently, the ratio is above 200%. The massive increase in the Fed's balance sheet over the last 25 years has led to financial asset price inflation The Stock Market