After almost three decades with BNY Mellon | Pershing, Maura Creekmore left her position as co-head of Wealth Solutions on Dec. 31, according to the firm. The move leaves Ben Harrison with full control of the division going forward.
Creekmore started at BNY Mellon in 1994 as an individual contributor working with client executive management teams, according to her LinkedIn profile. During her time with the company, she held positions as team leader, managing director and head of global client relationships.
Creekmore and Harrison were named co-heads of the Wealth Solutions division in 2021, following a reorganization that placed RIA custody and broker/dealer clearing services into the same vertical. During her time in the position, Wealth Solutions brought in Ainslie Simmonds to roll out Pershing X, an ambitious new multicustodial, cross-functional suite of digital tools meant to help advisors streamline tedious processes.
Harrison, who will now lead the division single-handedly, joined Pershing in 2006 and replaced Mark Tibergien, longtime head of the firm’s custody business, in 2020. Prior to that, he was vice president of RIA sales for TD Ameritrade.
The reason for Creekmore’s departure was not disclosed and Harrison was unable to be reached for comment on Friday. It remains to be seen whether he intends to implement any major changes in his expanded role.
The nation’s third-largest custodian, Pershing currently oversees around $2 trillion in client assets, per a Q3 2022 filing. This puts Pershing behind Charles Schwab, which claims $6.6 trillion in assets following the merger with TD Ameritrade, and Fidelity, which does not disclose AUM.