Description The first Manhattan was made in the 1870s using whiskey, vermouth, and a dash of bitters. However, this First Manhattan was made in 1964 of CFAs, MBAs, CPAs, and a dash of JDs. The company specializes in investment management services primarily for individuals, but also for institutional clients such as partnerships, pension plans, and trusts. Its customers typically have between $1 million and $100 million to invest. First Manhattan focuses on value-oriented equity investments with an eye toward long-term growth; its analysts follow a broad range of companies in industries such as banking, consumer products, health care, and oil. The company also manages investments in taxable and municipal bonds.