In 1962, Falk graduated with a Master of Divinity degree awarded cum laude from Nashotah House, a seminary of the Episcopal Church. On January 23, 1962, he was ordained a deacon, and on August 6, 1962, he was ordained a priest in the Episcopal Church. He went on to become a businessman and from 1976 to 1981 he was president of the General Growth Management Company in Des Moines, Iowa.
In the late 1970s, Falk joined the Anglican Catholic Church. He became rector of Saint Aidan's Parish in Des Moines. In 1981 he was elected first bishop of the Diocese of the Missouri Valley. On February 14, 1981, in Des Moines, he was consecrated a bishop by James Orin Mote (Diocese of the Holy Trinity), Carmino de Cantanzaro (Anglican Catholic Church of Canada), William F. Burns (Diocese of the Resurrection), William O. Lewis (Diocese of the Midwest), and William Dejarnette Rutherford (Diocese of the Mid-Atlantic).
In 1983, Falk was elected archbishop[2] and primate of the Anglican Catholic Church.[3] In the late 1980s, under Falk's leadership, the Anglican Catholic Church entered into discussions with the American Episcopal Church to effect a union between the two bodies. A portion of the Anglican Catholic Church and the American Episcopal Church united in October 1991 to form the Anglican Church in America of which Falk became the first primate.
Falk helped convene and create the Traditional Anglican Communion, of which he also became the first primate.
In 2002 Falk resigned as primate of the Traditional Anglican Communion and was succeeded by Archbishop John Hepworth. In 2005, Falk retired as primate of the Anglican Church in America and as bishop ordinary of the Diocese of the Missouri Valley. The church re-structured itself and decided not to have a primate, but instead a president of the House of Bishops. Falk was elected the first president of the House of Bishops. He was succeeded as bishop of the Diocese of the Missouri Valley by Bishop Stephen D. Strawn.
