Vanguard transition combined 2 of my accounts that were separate...

Judy
Judy Member ✭✭✭
edited March 27 in Errors and Troubleshooting (Mac)

Each used to have its own register. There are 2 different funds.

Now the transitioned account has one account number and downloads both of the accounts into the same register. The top of the register shows the transactions for the first account and the rest of the register is for the second account. So the balances at the bottom show the total of the two accounts. Is there any way to split the download into 2 registers and see the transactions separately for each fund, with each account showing its own balance?

Thank you!

Best Answers

  • Jon
    Jon Quicken Mac Subscription SuperUser, Mac Beta Beta
    Answer ✓

    If you only have one Vanguard account number then you're only going to be able to download into one account in Quicken. It sounds like you used to have mutual fund style accounts where each mutual fund was treated as a separate account & Vanguard has switched you over to a brokerage style account with all your funds in one account; for a long time Vanguard was encouraging people to switch voluntarily, it sounds like lately they've been switching people automatically. If that's what happened to you then there's not going to be any way to separate your mutual funds into different Quicken accounts.

  • jacobs
    jacobs Quicken Mac Subscription SuperUser, Mac Beta Beta
    Answer ✓

    Vanguard transition combined 2 of my accounts that were separate...

    There are 2 different funds.

    Let's make sure we're all using terminology to mean the same thing. At Vanguard, a brokerage account can have two or more funds (securities).

    So… do you have one account at Vanguard or two? If you have one account, then as @Jon said, Quicken will mirror that and have one account which holds two funds (e.g. Vanguard 500 Index Fund and Vanguard Global Equity Fund). If you have two different accounts (such as a brokerage account and an IRA account), then you should have two accounts in Quicken as well.

    Quicken Mac Subscription • Quicken user since 1993
  • Judy
    Judy Member ✭✭✭
    Answer ✓

    I have 4 different funds. Each one had its own account number before the transition. One is a traditional IRA and one is a Roth IRA. Those have their own account numbers and download separately and I see the transactions in their own registers. The other 2 funds I have are a 500 Index fund and an Intermediate Term Tax-Exempt fund. Before the 'forced' transition, each downloaded separately into their own registers. Then Vanguard transitioned these two funds into one account and from what I think I understand is that I have no choice…That's the way it will stay. I have had these accounts at Vanguard for many, many years and was very happy with Vanguard. Now I am not a happy customer anymore. Thank you for answering my question. I really appreciate your being there to help. It doesn't make sense to me why they combined these 2 funds, but now I will not spend any more time trying to change it. If you can help me understand why they would want these 2 funds combined into one account, I'd appreciate it.

    Many thanks!

    Judy

Answers

  • Jon
    Jon Quicken Mac Subscription SuperUser, Mac Beta Beta
    Answer ✓

    If you only have one Vanguard account number then you're only going to be able to download into one account in Quicken. It sounds like you used to have mutual fund style accounts where each mutual fund was treated as a separate account & Vanguard has switched you over to a brokerage style account with all your funds in one account; for a long time Vanguard was encouraging people to switch voluntarily, it sounds like lately they've been switching people automatically. If that's what happened to you then there's not going to be any way to separate your mutual funds into different Quicken accounts.

  • jacobs
    jacobs Quicken Mac Subscription SuperUser, Mac Beta Beta
    Answer ✓

    Vanguard transition combined 2 of my accounts that were separate...

    There are 2 different funds.

    Let's make sure we're all using terminology to mean the same thing. At Vanguard, a brokerage account can have two or more funds (securities).

    So… do you have one account at Vanguard or two? If you have one account, then as @Jon said, Quicken will mirror that and have one account which holds two funds (e.g. Vanguard 500 Index Fund and Vanguard Global Equity Fund). If you have two different accounts (such as a brokerage account and an IRA account), then you should have two accounts in Quicken as well.

    Quicken Mac Subscription • Quicken user since 1993
  • Judy
    Judy Member ✭✭✭
    Answer ✓

    I have 4 different funds. Each one had its own account number before the transition. One is a traditional IRA and one is a Roth IRA. Those have their own account numbers and download separately and I see the transactions in their own registers. The other 2 funds I have are a 500 Index fund and an Intermediate Term Tax-Exempt fund. Before the 'forced' transition, each downloaded separately into their own registers. Then Vanguard transitioned these two funds into one account and from what I think I understand is that I have no choice…That's the way it will stay. I have had these accounts at Vanguard for many, many years and was very happy with Vanguard. Now I am not a happy customer anymore. Thank you for answering my question. I really appreciate your being there to help. It doesn't make sense to me why they combined these 2 funds, but now I will not spend any more time trying to change it. If you can help me understand why they would want these 2 funds combined into one account, I'd appreciate it.

    Many thanks!

    Judy

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