Some background - I have a 401k retirement account with Vanguard, as part of my company-sponsored plan.  I wanted to open a taxable account (which I thought would be called something like "brokerage account") through Vanguard so that I could buy their funds (with a bunch of extra cash I have) with no fees.

I was poking around my account and saw something called "Vanguard Brokerage Option", or "VBO".  I just assumed this was a way to open a brokerage account, but I was wrong.  Turns out, this is just a feature that lets you pick whatever stocks or funds you want in a retirement account instead of the ones specified by the company plan.  Some details here (I don't work at Farmers - this is just the only public link I could find):

This really wasn't what I was looking for, and there is also a small fee of $8 per year.  Now, should I call up Vanguard to take this option away, or is there some way I can make this worth my while?  For example, right now all of my 401k funds are in one of Vanguard's Target Retirement funds.  If I changed that to Admiral shares of total market, total int'l market, and total bond funds, and rebalance once a year, would that benefit be worth the small cost and effort?  Thanks!
user
Vanguard Brokerage Option lets you pick stocks or
assistant
Some background - I have a 401k retirement account with Vanguard, as part of my company-sponsored plan.  I wanted to open a taxable account (which I thought would be called something like "brokerage account") through Vanguard so that I could buy their funds (with a bunch of extra cash I have) with no fees.

I was poking around my account and saw something called "Vanguard Brokerage Option", or "VBO".  I just assumed this was a way to open a brokerage account, but I was wrong.  Turns out, this is just a feature that lets you pick whatever stocks or funds you want in a retirement account instead of the ones specified by the company plan.  Some details here (I don't work at Farmers - this is just the only public link I could find):

This really wasn't what I was looking for, and there is also a small fee of $8 per year.  Now, should I call up Vanguard to take this option away, or is there some way I can make this worth my while?  For example, right now all of my 401k funds are in one of Vanguard's Target Retirement funds.  If I changed that to Admiral shares of total market, total int'l market, and total bond funds, and rebalance once a year, would that benefit be worth the small cost and effort?  Thanks!
user
Vanguard's VBO feature isn't what I was looking
assistant