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About Us
From left to right: E.De Giorgi, T.Hens and D.Niggeler.
The Company
BhFS Behavioural Finance Solutions GmbH is a spin-off company from University of Zurich founded in 2007 by three partners Thorsten Hens, Enrico De Giorgi and Dieter Niggeler. 
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Partners
Prof. Dr. Thorsten Hens
Thorsten Hens is professor of financial economics and Director of the Institute for Banking and Finance IBF, University of Zurich. After his PhD at University of Bonn, he has held positions in Bielefeld, Paris and Stanford and is currently also an adjunct professor at the Finance Department of the Norwegian Business School, NHH, in Bergen. He is the Vice Director of the National Centre of Competence in Research "Financial Valuation and Risk Management". Thorsten Hens is a CEPR Research Fellow and he collaborates in the European Science Foundation project "Behavioural Models in Economics and Finance". He published more than 30 papers in refereed international journals. His research areas are behavioral and evolutionary finance. His consulting experience includes applications of behavioural finance for private banks and applications of evolutionary finance in investment banking. He is a regular speaker at investment advisory conferences organized for practitioners and is a governing board member of several financial institutions in Switzerland.
For further information about Prof. Dr. Thorsten Hens please visit his website at the Swiss Banking Institute.
Prof. Dr. Enrico De Giorgi
Enrico De Giorgi is Assistant Professor at University of St. Gallen and at the University of Lugano. He holds a MS in Mathematics from the Swiss Federal Institute of Technology, Zurich and a PhD in Economics from the University of Zurich. He held a research position at RiskLab Switzerland, ETH Zurich and at the Institute for Empirical Research in Economics, University of Zurich. His research interests are behavioural finance, evolutionary finance, and risk management. Currently, he is also a member of the national Centre of Competence in Research "Financial Valuation and Risk Management".
For further information about Prof. Dr. Enrico De Giorgi please visit his personal website .
Dieter Niggeler
Dieter Niggeler holds a MSc in Software Engineering from the University of Bern and a MA in Finance from the University of Zurich. From 1995 to 1998 he worked as a Software Engineer at the Union Bank of Switzerland (UBS). From 1999 to 2006 he joined COMIT AG for several projects in the banking business as a senior software engineer and architect.
In his spare time he likes to smack a golf ball.
Associates
Dr. Stefan Zeisberger
Stefan Zeisberger is Senior Research Assistant at the University of Zurich. He holds a Diploma in Management and Economics from the University of Bremen including an exchange year at the University of Bath, and a PhD in Management from the University of Münster. Previously, he held research positions at the Finance Center Münster and the German Institute for Retirement Savings. His research interests include behavioral finance, financial advice, risk communication, and (rational) decision-making. For further information about Dr. Stefan Zeisberger please visit his academic website .