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You can turn over management of you 401(k) account to ANYONE you choose to manage it for you - BUT....

1) unless you have right to withdraw the unds from your 401(k) (termination of employment, attainment of age 59-1/2 (if you plan allows for that)) the money will have to stay in the PLAN, which currently is at Vanguard (and your employer could choose to move it, based on "fiduciary concerns").

2) Anyone who is appointed to manage the account will become a fiduciary with respect to the plan and your assets and should be willing to acknowledge such in WRITING.

3) Whoever manages your account (including you) WILL BE LIMITED to the investment options the plan sponsor has selected for use by plan participants. That *may* include a brokerage account option with the ability to buy and sell other investments - but it may not. That is a decision for the plan sponsor (your employer).

4) There may be an "advice" option available within the plan - or a "managed account" option that allows for professional management of that account. Some consider outside assets and investments, some don't. Again, the decision to offer those kinds of features is your employers (as a fiduciary). If they are not offered, inquire if they could be.

5) Finally, given the constraints on the 401(k) plan, it may be more valuable to have an advisor advise on "non-401(k)" assets - but considering what you have in the 401(k) - leaving hte 401(k) allocated as a "foundational" investment strategy affording other options outside the plan. Considering your plan is at Vanguard, I would assume there are index funds withing the plan that may (depending on *your* circumstances) be appropriate.
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