Clear Asset Management has formed its first sales team with the appointment of Maacha Le Blanc as vice president of business development.

Le Blanc will be charged with expanding the firm's business, with a focus on institutional sales. Prior to joining Clear, Maacha spent six years at Brown Brothers Harriman, where she was in led new business development for the Midwest and Southwest regions for investor services.

“We founded the firm to help the retirees of public pension funds, for families to secure the next generation, and for trusts and endowments to fulfill their stated mission,” said Lisa Goldenberg, Clear's co-founder. “For four years we have laid the foundation and are confident that Maacha's extensive experience in institutional sales will allow her to quickly form lasting relationships and allow us to help institutions fulfill their missions.”

ClearAM's products include style portfolios offered to institutions as separately-managed accounts and hedge funds.