James C. Bly, Jr.

James C. Bly, Jr. is a founder, Chairman and President of Source Capital, Ltd., a multi-disciplinary professional practice that provides Private Business Wealth Management services and Family Office Direct Investment services to Business Owning Families and Family Offices. Since 1974, Mr. Bly has been involved in providing business strategy, corporate finance, and business wealth preservation and transfer advice to owners of successful closely held businesses. He is experienced with developing and implementing business growth strategies; financial structuring; debt, mezzanine and equity capital placements; the acquisition and sale of businesses; corporate valuations; and generational business transfers. During his career, Mr. Bly has personally advised the principal owners of hundreds of medium-sized businesses, in a wide range of industries, on numerous business wealth building or transition transactions valued in excess of $7 billion dollars. Since 1982, Mr. Bly has been a principal and senior officer of Source and its predecessor.

Mr. Bly is also the Chairman and CEO of the Business Growth Alliance, LLC (BGA), a subsidiary of Source that has organized a carefully selected national group of professional services firms dedicated to Private Business Wealth Management services.

Mr. Bly has served as a Trustee, Director, or Advisory Board Member to various client owned corporations and estates. For example, from 1980 to 2005, he served on the Business Advisory Board of John J. Kirlin, Inc., which remained privately owned and grew from $30 million to roughly $500 million in revenue size to become one of the nation’s leading mechanical contracting firms. Mr. Bly chaired the Finance and Risk Management committees of John J. Kirlin, Inc. From 2001-2006, Mr. Bly served on the Board of Directors of Draper Holdings Business Trust (DHBT), a family-owned business with subsidiaries active in television broadcasting, Internet and telecommunication services, real estate and land development, and farming. Mr. Bly assisted DHBT on matters related to business governance, monitoring the performance of operating subsidiaries, and family-member governance training. In 2006, Mr. Bly joined the Advisory Board of C.H. Briggs Hardware Co., a $90 million third generation family-owned business, which is also one of the largest female operated building product material distributors serving the kitchen and bath cabinet manufacturing industry. Mr. Bly was a Founding Member and serves on the Leadership Council of PathNorth, Inc., which serves as a resource for business leaders seeking to broaden the definition of success by bringing meaning and fresh perspective to both work and life. He is also a member of the Advisory Council of the Buxton Initiative, which is seeking to build understanding among people of different faiths and world views.

Mr. Bly graduated cum laude from St. Bonaventure University in 1973. He has been certified in mergers and acquisitions (CMAA) by the Alliance of Mergers & Acquisition Advisors and holds a Certificate in Financial Planning from the American College. Mr. Bly has, also, completed a variety of post graduate and continuing education courses on subjects related to business strategy, marketing, corporate finance, business valuation, mergers and acquisitions, and wealth transfer planning. He is a member of the Association for Corporate Growth, the Alliance of Mergers and Acquisition Advisors, and International Advisors Network, Ltd. He has attained listing in Who’s Who in Finance and Industry, Who’s Who in America, and Who’s Who in the World, and is a member of the Allegheny Country Club, The Duquesne Club, Edgeworth Club, and Stonedale Guns. Mr. Bly resides in Sewickley, Pennsylvania.