The long battle by Britney Spears to end her father’s role as conservator may be drawing to a close. On Tuesday, her father filed a petition in Los Angeles Superior Court to end the arrangement, according to documents obtained by the Associated Press and CNN.
Jamie Spears cited his daughter's pleas at two separate court hearings over the summer in his request to terminate the 13-year conservatorship, CNN reported.
"Recent events related to this conservatorship have called into question whether circumstances have changed to such an extent that grounds for establishment of a conservatorship may no longer exist," the petition said.
"Ms. Spears has told this Court that she wants control of her life back without the safety rails of a conservatorship. She wants to be able to make decisions regarding her own medical care, deciding when, where and how often to get therapy. She wants to control the money she has made from her career and spend it without supervision or oversight. She wants to be able to get married and have a baby, if she so chooses. In short, she wants to live her life as she chooses without the constraints of a conservator or court proceeding,” according to the filing.
Mathew Rosengart, attorney for Britney Spears, called Tuesday's development "vindication."
In a filing in August, Mr. Spears had said that he planned to step down as the conservator of his daughter’s finances but did not provide a timeframe. In 2019, he gave up control over her life decisions, keeping only his role overseeing her money.
A private partnership, Edward Jones is a giant in the retail brokerage industry with more than 20,000 financial advisors.
Meanwhile, Raymond James and Tritonpoint Partners separately welcomed father-son teams, including a breakaway from UBS in Missouri.
Paul Atkins has asked staff to solicit public comment on novel ETFs, pausing the clock on as many as 24 filings linked to the booming event contracts market.
From 401(k)s to retail funds, Deloitte sees private equity and credit crossing into mainstream investing on two fronts at once.
Big-name defections from Morgan Stanley, UBS, and Merrill Lynch headline a busy two weeks of recruiting for the wirehouse.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
