financial services asset management founded 1964 1964 headquarters new york city key people david gottesman founder robert gottesman ceo products investment management mutual funds private investment funds aum us 14 billion 2013 number of employees 130 website www.firstmanhattan.com first manhattan co. fmc was founded in 1964 1 by a group of financial industry executives led by david gottesman . fmc remains an owner operated investment advisory firm . robert gottesman david gottesman s son is currently the firm s ceo . fmc is based in new york city . contents 1 background 2 leadership 3 recent developments 4 other 5 references 6 external links background edit fmc provides professional investment management services to high net worth individuals as well as to partnerships trusts retirement accounts mutual funds and institutional clients . the firm manages investments on a fully discretionary basis for accounts ranging from under 1 million to over 100 million . the firm currently manages in excess of 14 billion utilizing a long term value oriented investment approach . 2 the firm s clients are significant owners of berkshire hathaway stock 3 and the firm has established a reputation for utilizing investing strategies similar to that espoused by warren buffett . 4 the firm s founder david gottesman was an early investor in berkshire hathaway and he has maintained a long standing friendship with mr. buffett . 5 the firm s investment approach is to establish long term positions in portfolio companies most often relying on fundamental analysis and targeting value in the public equity and fixed income markets of the united states . leadership edit david gottesman founded the firm in 1964 . 5 mr. gottesman is a member of the board of directors of berkshire hathaway inc. he was a director of the securities industry association . robert gottesman joined first manhattan co. in 1987 and is currently the firm s chief executive officer and chairman of the management committee . 6 the firm s management committee is responsible for the management and day to day operations of the firm . it is currently composed of robert gottesman ceo cheryl kallem cfo timothy muccia neal stearns jack varon and jay vodofsky . citation needed recent developments edit in an unusual step for fmc the firm took an active role in a proxy contest involving the management of a biotech company vivus inc. a company in which the firm and its clients hold a significant position . fmc led the initiative to replace the board and its ceo . the contest was settled in july 2013 with the company appointing a new ceo and replacing a majority of the board in an effort to maximize shareholder value . 7 other edit the firm currently advises two mutual funds the select fund strategic value fund . references edit schroeder alice 2008 29 footnote six the snowball warren buffett and the business of life random house isbn 9780553905496 https www.firstmanhattan.com http www.nasdaq.com symbol brk a institutional holdings correcting and replacing first manhattan reminds vivus shareholders that time is running out to save vivus . business wire . july 8 2013 . a b 1054 david gottesman . forbes . retrieved august 1 2015 . executive profile robert william gottesman . bloomberg business . september 1 2015 . melodie warner and joseph walker july 19 2013 . obesity drug maker vivus agrees to new ceo directors . the wall street journal . external links edit official website v t e investment banks bank divisions of universal banks bulge bracket bank of america merrill lynch barclays citi institutional clients group credit suisse deutsche bank corporate and investment bank j.p. morgan & co. j.p. morgan cazenove ubs investment bank other berenberg bank bmo capital markets boc international bnp paribas corporate & institutional banking brown shipley cibc world markets citic securities clsa commerzbank corporates & markets cr dit agricole corporate and investment bank daiwa securities capital markets everbank world markets harris williams & co. hsbc global banking and markets ing commercial banking is investment kbc bank korea development bank daewoo securities lloyds bank corporate markets mitsubishi ufj securities mizuho corporate bank natixis nomura securities rbc capital markets rbs markets & international banking sberbank cib soci t g n rale corporate & investment bank standard chartered td securities unicredit corporate & investment banking vtb capital wells fargo securities independents bulge bracket goldman sachs morgan stanley other allen & company blackstone group brewin dolphin btg pactual centerview partners china international capital corporation close brothers group evercore partners everbright fbr capital markets galaxy greenhill & co. haitong securities houlihan lokey investec jefferies keefe bruyette & woods lazard macquarie group mediobanca moelis & company n m rothschild & sons oppenheimer & co. perella weinberg partners piper jaffray raymond james financial renaissance capital roth capital partners salam investment ltd. sandler o neill and partners stifel nicolaus stone key partners william blair & company category list retrieved from https en.wikipedia.org w index.php title first manhattan co. & oldid 744129874 categories financial services companies based in new york cityinvestment management companiesinvestment management companies of the united statesamerican companies established in 1964hidden categories all articles with unsourced statementsarticles with unsourced statements from september 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata 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