James C. Bly, Jr.

Huntley & Huntley - James C. BlyJames C. Bly, Jr. is a member of the Business Advisory Board of Huntley & Huntley, Inc. (“Huntley”). He has served as a business and financial advisor to the shareholders of Huntley since 2011, during the time that Huntley’s successful Upper Devonian/ Marcellus/ Utica institutional joint venture, Huntley & Huntley Energy Exploration, LLC, was developed and recapitalized. He joined the Huntley Business Advisory Board in 2016.

Mr. Bly has over thirty years of experience serving clients in the upstream segment of the Oil & Gas industry including businesses involved in exploration, production, energy services, energy technology, and manufacturing energy production equipment.

Mr. Bly was a founder of Headwaters SC, LP in 1982, and had served as its Chairman and CEO for over 20 years. HWSC specialized in serving Business Owning Families and Family Offices, which own upper middle market companies or complex portfolios of operating businesses or operating assets. Most of HWSC’s clients were second through seventh generation family enterprise controlled businesses. Mr. Bly has over 30 years of experience working with such clients on matters related to growing larger, more valuable businesses; financing the growth of family-controlled companies, while maintaining family control; completing generational transitions of operating businesses; and on designing and implementing shareholder liquidity plans. In 2017, Ernst & Young, LLP (“EY”) acquired the Family Enterprise Business Services (FEBS) division of HWSC, which has become EY FEBS, and Mr. Bly joined EY as an Executive Director and national FEBS practice leader.

Mr. Bly also retains his ownership interest in HWSC’s Family Office Direct Investment Services (FODIS) division and the Business Growth Alliance, LLC (BGA), a subsidiary of HWSC that has organized a carefully selected international group of professional services firms, which serve as subcontractors to HWSC on matters relating to corporate development and performance improvement initiatives for larger private companies.  He is recognized as the Founder of HWSC and BGA, and retains the title of Chairman Emeritus of those organizations.

Mr. Bly is a fourth generation member of a Western Pennsylvania family that has held interests in coal, natural gas, and oil properties, and related energy production and services businesses. Mr. Bly has also served as a Trustee, Director, Committee Member, or Advisory Board Member to various client owned corporations and estates. Mr. Bly has either chaired or served on Finance, Investment, Risk Management, Nominating and Governance Committees of the boards of various multi-generational family businesses.  

Mr. Bly graduated 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. He is a member of the Association for Corporate Growth, and the Alliance of Mergers and Acquisition Advisors.



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Subsidiaries & Affiliates


An institutional joint venture that invests in the Marcellus and Utica regions of Southwestern Pennsylvania. 

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Bow & Arrow Land Company

A locally owned land development company headquartered in southwestern Pennsylvania.

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H & M Holdings

H&M Holdings is a local company that focuses on non-operating mineral interests and related real-estate ventures.

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