Overall looks like a solid result, and good to see it come in at...

Overall looks like a solid result, and good to see it come in at the upper end of guidance. Wealth mgt revenues were a bit disappointing, but it looks like the benefit of higher FUM should flow through in 2018.
The acquisition impacts are difficult to fully understand from the prelim accounts, so will need to wait for the annual report to get more insight. There are still some earn out payments to be made, however the full year earnings contribution from these acquisitions should more than offset these costs (and they wont be paid if they dont) and should support higher EPS in 2018. This is even before taking into account new revenue streams such as capital advisory.
I still believe 25c is an absolute minimum for PFG, and 30c is likely in the next 6-12 months, but only time will tell if Mr Market agrees.