No! Our Summit account does not any fees other than the Pay What Is Fair fee you choose. We've also committed to "All Service Charges at Cost." That means that for transactional services we've calculated how much it costs us to process that transition -- and that's how much we ask you to pay.
With our investment products, we do have outside expenses that go to third party vendors (such as fund accounting, attorneys, administrators, and our custodian, UMB). We cap the amount of those outside expenses you’ll see and then make up the difference ourselves. There are also fees that go to the underlying components of our various funds.