Fidelity came up with this plan for me and I am not sure what to make of it.

They are proposing the following to me: 45 y/o male currently mostly in cash. Based on our discussions and my risk factor, they are saying 70/30 stocks and bonds. THey are saying it would be a blend of fidelity and non fidelity funds/etfs. I would start with about 50k to invest and the fee would be 1.5% and would drop if I chose to put in more money with them: |Asset Class|Percentage| |:-|:-| |Domestic Stock|51.3%| |Domestic Large Cap Stock|35.2%| |Domestic Mid Cap Stock|10.0%| |Domestic Small Cap Stock|6.1%| |International Stock|22.5%| |Intl Developed Large Cap Stock|15.8%| |Emerging Market Stock|4.0%| |Intl Developed Mid Cap Stock|2.4%| |Intl Developed Small Cap Stock|0.3%| |Bonds|23.5%| |Muni Inv Grade Bond|15.4%| |Other Bond|6.4%| |Muni HY Bond|0.7%| |Intl Developed Mkt Bond|0.6%| |Taxable Dom Inv Grade Bond|0.4%| |Taxable Dom HY Bond|0.0%| |Convertible Bond|0.0%| |Intl Emerging Mkt Bond|0.0%| |Short Term|2.5%| |Other†|0.2%| |Total|100.0%| |Fund|Percentage| |:-|:-| |Strategic Advisers Municipal Bond Fund|21.4%| |Strategic Advisers Equity Growth SMA\*|18.1%| |Strategic Advisers Tax-Managed U.S. Large Cap SMA\*|15.1%| |Fidelity Strategic Advisers Blended International Equity SMA‡|12.0%| |Strategic Advisers Equity Value SMA\*|11.0%| |Strategic Advisers Tax-Sensitive Short Duration Fund|3.2%| |iShares Core S&P Mid-Cap ETF|3.0%| |iShares Core MSCI EAFE ETF|2.8%| |Fidelity Emerging Markets Index Fund|2.2%| |Fidelity Advisor Focused Emerging Markets Fund - Class Z|1.6%| |iShares Core S&P Small-Cap ETF|1.5%| |JPMorgan Small & Mid Cap Enh Eq ETF|1.5%| |Acadian Emerging Markets Investor|1.3%| |Fidelity Emerging Markets Fund|1.2%| |Schwab US REIT ETF|1.2%| |Fidelity Government Cash Reserves|1.0%| |DFA Emerging Markets Value I|0.9%| |Victory Trivalent International Sm-Cp I|0.6%| |Fidelity SAI International Low Volatility Index Fund|0.6%| |**Total**|**100.0%**|