2022 State Convention Candidates
Marlo M. Oaks
Marlo Oaks was appointed Utah’s 26th State Treasurer in June 2021. As the state’s chief investment and chief banking officer Marlo is responsible for debt, cash, and investments, including the $26 billion Public Treasurer’s Investment Fund. He also administers Utah’s Unclaimed Property Division.
Marlo spent 17 years overseeing multi-billion dollar investment portfolios and registered the top performance among large P&C insurance companies through the Financial Crisis. He is the only state treasurer with institutional investment experience. Originally from Provo, Marlo completed a Bachelor’s degree in Economics from BYU, an MBA from UCLA Anderson, and holds the CFA and CAIA designations.
Most Recent Republican Party Affiliation Change – 1988
Mike learned his love for the Constitution around the family dinner table. Mike’s father, Rex Lee, served as Solicitor General under President Ronald Reagan and later as President of Brigham Young University. As a child, Mike attended his father’s arguments before the U.S. Supreme Court, giving him a unique understanding of the government from an early age. As an attorney he developed a more complete understanding of why the Constitution is essential to the protection of life, liberty, and property.
After graduating from law school in 1997, he served as a law clerk to Judge Dee Benson of the U.S. District Court for the District of Utah. He then clerked for Judge Samuel A. Alito, Jr., who was serving at that time on the U.S. Court of Appeals for the Third Circuit Court in Newark, New Jersey. After his second clerkship, he joined the Washington, D.C. office of Sidley & Austin, where he specialized in appellate and Supreme Court litigation. Several years later, Mike was invited to serve as an Assistant U.S. Attorney in Salt Lake City, preparing briefs and arguing cases before the U.S. Court of Appeals for the Tenth Circuit. He served as Governor Huntsman’s General Counsel and then went to Washington for a one-year clerkship with Justice Alito at the U.S. Supreme Court.
Following his clerkship, Mike joined the Salt Lake office of the Washington, D.C.-based law firm of Howrey LLP. Mike has earned a reputation as an outstanding lawyer based on his sound judgment, writing and courtroom advocacy skills, and thorough understanding of the Constitution.
Mike and Sharon have three children and live in Provo, Utah.