RFEM Reddit Mentions | ChartExchange

I have an **Inherited/Beneficiary IRA (\~$37k)** currently in a “Rising Dividend” strategy with **1.35% fees**. Performance hasn’t been awful, but it’s clearly lagging simple market benchmarks. After learning that my advisor no longer uses it and tried to blame me for still being in it, I don’t see the value in him or the fee anymore. I've asked him about moving to something far simpler, but I'd be paying a 1% minimum fee for an unmanaged sleeve, even with an ETF like VOO. Needless to say, I'm over the relationship.
So, I’m thinking about transferring this account to a brokerage where I already have non-advisory IRAs invested in:
* Franklin Growth Fund (FKGRX)
* Putnam Sustainable Leaders (PNOPX)
Those accounts are buy-and-hold, very low cost (basically just a $20 annual IRA fee), and I’m fine with that setup. I also like the idea of consolidating my holdings with one advisor.
For the **inherited IRA**, I want:
* simple / buy-and-hold
* low cost
* easy to benchmark
Target structure (trying to compensate for the lack of balance I've had with Rising Dividend)
* **70% U.S. equity**
* **30% international equity (including emerging markets)**
The new advisor has mostly suggested:

**U.S. equity**
* **SPY** — S&P 500 (large-cap only)
* **VOOG** — S&P 500 Growth
* **FAD** — First Trust Multi-Cap Growth AlphaDEX
* **FAB** — First Trust Multi-Cap Value AlphaDEX
* **FTC** — First Trust Large Cap Growth AlphaDEX
**International / Emerging**
* **VWO** — Vanguard Emerging Markets
* **FEM** — First Trust Emerging Markets AlphaDEX
* **FDT** — First Trust Developed Markets ex-US AlphaDEX
* **RFDI** — First Trust RiverFront Dynamic Developed Intl
* **RFEM** — First Trust RiverFront Dynamic Emerging Mkts
I’ve been leaning toward something much simpler (e.g., total U.S. market + total international), but before pushing harder with the advisor, I wanted to sanity-check with people who live and breathe ETFs.
**My questions for the community:**
1. For a \~$40k inherited IRA, does a simple 2-ETF or 3-ETF equity setup make more sense than these multi-fund / factor-based options?
2. Is there *any real benefit* to splitting developed + emerging markets into separate ETFs versus using a single broad international ETF?
3. Am I missing something that would justify using the higher-fee ETFs being proposed here?
4. If this were *your* inherited IRA and you wanted simplicity + low fees, how would you structure it?
**(Yes) I know I could also just move this to Fidelity or a similar service and do it myself, but for now, I’m trying to make the cleanest decision within this setup.**
Appreciate any perspective — especially from folks who’ve moved assets out of advisory accounts and into simple ETF portfolios.
Thanks!