Higher spin Fronsdal equations from the exact renormalization group

We show that truncating the exact renormalization group equations of free U(N) vector models in the single-trace sector to the linearized level reproduces the Fronsdal equations on AdS(d+1) for all higher spin fields, with the correct boundary conditions. More precisely, we establish canonical equivalence between the linearized RG equations and the familiar local, second order differential equations on AdS(d+1), namely the higher spin Fronsdal equations. This result is natural because the second-order bulk equations of motion on AdS simply report the value of the quadratic Casimir of the corresponding conformal modules in the CFT. We thus see that the bulk Hamiltonian dynamics given by the boundary exact RG is in a different but equivalent canonical frame than that which is most natural from the bulk point of view.