Steven A. Sugarman founded Banc of California, Inc. (NYSE: BANC) and its national banking subsidiary Banc of California, N.A. and served as the Chairman, Chief Executive Officer and President.
Under Mr. Sugarman’s leadership, Banc of California was recognized twice as one of Forbes Magazine’s Top Banks in America, Fortune Magazine’s Fastest Growing Companies and as the largest, independent bank in California with an outstanding rating from the Office of the Comptroller of the Currency for Community Development.
Mr. Sugarman also led the recapitalization of COR Clearing (a broker dealer and national securities clearing firm) serving as its Chairman and the Chief Executive Officer of its holding company. Previously, Mr. Sugarman was the founder and Managing Member of investment firm COR Capital LLC, and a founding Partner of GPS Partners LLC, a $2 billion private investment fund specializing in high yield equity securities.
Mr. Sugarman is Of Counsel to the law firm Michelman & Robinson. He serves on the Yale Law School Executive Committee as a Regional Representative and as a board member of Los Angeles Team Mentoring (LATM) where he was the recipient of the LATM Keystone Award. He received the Outstanding CEO Award from the Korean American Chamber of Commerce of Orange County. Mr. Sugarman was awarded the Giraffe Award for leadership relating to public service and community development by the National Asian American Coalition and the National Diversity Coalition.
Mr. Sugarman pioneered Banc of California’s extensive community-oriented financial literacy program in partnership with non-profit, community and faith-based organizations and universities throughout Southern California. In 2014, Mr. Sugarman alongside President Bill Clinton and Mayor Antonio Villaraigosa helped to set two Guinness World Records for the world’s largest financial literacy event.
Mr. Sugarman is a California Real Estate Broker and member of the California State Bar. He founded Sugarman Enterprises Inc., a financial advisory firm specializing in real estate advisory and lending as well as the Law Offices of Steven Sugarman, Inc. Mr. Sugarman began his career as a management consultant at McKinsey & Company and worked at Lehman Brothers. He is the co-author of "The Forewarned Investor: Don't Get Fooled Again by Corporate Fraud," published by Career Press. Mr. Sugarman is a graduate of the Yale Law School and Dartmouth College.
Certifications and Memberships:
California State Bar
California Real Estate Broker
Non Profit Organizations:
LA84 Olympic Organizing Committee
Los Angeles Team Mentoring
Yale Law School Association Executive Committee (Regional Representative)
Fullerton Technology Foundation
Governor Pete Wilson Campaign (Sacramento, 1994)
Congressman Ed Royce (Washington DC, 1993)
Awards and Acknowledgements:
National Diversity Coalition / NAAC – Giraffe Award for Community Development
National Asian American Coalition – CRA Leader Award
COR Community Development Corporation “From Civil to Silver Rights” Award
Los Angeles Team Mentoring Keystone Honoree Award
Korean American Chamber of Commerce, Orange County, Outstanding CEO of Year Award
Guinness World Records for Largest Financial Literacy Event
Los Angeles List of Most Influential People (Los Angeles Business Journal)
Orange Country List of Most Influential People (Orange County Business Journal)
White House Acknowledgement for Innovation and Leadership in Area of Energy Efficiency (Banc of California)
4 Partnership for Los Angeles Schools, Community Partner Award (Banc of California) Outstanding CRA Rating (Banc of California)
America’s Best Banks 2016 & 2017 (Forbes Magazine) (Banc of California)
America’s Fastest Growing Companies (Fortune Magazine) (Banc of California)
Orange County’s Fastest Growing Mid-Sized Company (OCBJ) (Banc of California)
The Forewarned Investor, Career Press
You should not send any sensitive or confidential information through this site. Emails sent through this site do not create an attorney-client relationship and may not be treated as privileged or confidential. The lawyer or law firm you are contacting is not required to, and may choose not to, accept you as a client. The Internet is not necessarily secure and emails sent though this site could be intercepted or read by third parties.