When I first setup Quicken 2000 and my handful of Vanguard accounts, I set them up as single/individual accounts. Not sure why... Also, I don't think Vanguard had direct download support at that time, and I had to manually download the activity via the Web Connect.
I'm running Qucken 2004 now, and still manually go to the Vanguard site, and invoke the web account download. Anyway - now all my Vanguard funds are under a single Vanguard account, and I recently found that they also have direct download support - I think :)
So - what should I do to merge the funds into a single Quicken 2004 account, with the sub-fund entries - - and yet still retain all the historical information ?