Both Hoffman and Smith previously served as Senior Vice Presidents within the organization.
John Mina will succeeds Founder Michael Christian, who takes role as Executive Chairman.
This marks the fourth acquisition for the top 20 brokerage firm since the first of June 2019.
Another acquisition for Boston-based Risk Strategies, this time in California.
This is the fifth acquisition for Massachusetts-based Risk Strategies in the Mid-Atlantic region since 2016.