A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. While deal-making on Wall Street typically picks up in the fourth quarter, the investment firms of the ultra-rich appear to be in no hurry to close deals by year-end. In November, family offices made 55 direct investments in companies, down 5% from the prior month, according to data provided exclusively to CNBC by private wealth platform Fintrx. This tally is also a 37.5% drop on an annual basis, in line with this year's muted deal-making , as family offices grapple with tariff uncertainty and geopolitical conflict. That said, November was a busy month for Jeff Bezos ' eponymous

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