Hilliard Macbeth of Richardson GMP is on Wealth Professional Canada's Hot List of 2015.
The experienced and highly regarded advisor created waves in the mortgage industry this year when he published a book predicting a coming crash in the Canadian housing market. According to Macbeth, advisors will be handling a decade-long challenge: Baby Boomer clients who helped their kids buy a house will have to be convinced to resist cashing out stock portfolios to help fund children struggling with stagnant and falling home prices. It’s a provocative but perfectly rational conclusion based on his assessment of consumer debt levels and home price trends – the controversial book is a must-read for advisors.
