Jamie Spears has lost a legal challenge to have full control over his daughter, Britney's, entire estate.
In November last year, Judge Brenda J Penny appointed wealth management firm Bessemer Trust as a co-conservator of the pop star's estate and told Mr Spears to work with the Trust.
He launched a legal bid to have that overturned and place him in charge of Britney's assets and investments.
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A Los Angeles court has rejected that bid.
Jamie has been told to continue working with Bessemer Trust, meaning he will not be able to control some of his daughter's investments.
Jamie Spears' attorney Vivian Thoreen released a statement shortly after the case was done.
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"My client looks forward to working with Bessemer to continue an investment strategy in the best interests of his daughter," Thoreen said in a statement.
"My client Jamie Spears has diligently and professionally carried out his duties as one of Britney's conservators, and his love for his daughter and dedication to protecting her is clearly apparent to the court."
It doesn't mean the issue of Britney's conservatorship is over, far from it.
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Subsequent hearings on the conservatorship are due to take place on March 17 and April 27.
In the meantime, Jamie Spears has copped a severe dressing down from Britney's boyfriend.
Sam Asghari took to his Instagram stories to rant about his partner's father over the issue of the conservatorship.
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The Instagram post comes after Sam released a statement to People supporting the 39-year-old singer as the Framing Britney Spears documentary landed on Hulu.
He said: "I have always wanted nothing but the best for my better half, and will continue to support her following her dreams and creating the future she wants and deserve.
"I am thankful for all of the love and support she is receiving from her fans all over the world, and I am looking forward to a normal, amazing future together."
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