Abstract: A setting tool conveniently grips a jewelry finding while providing a person working on the finding with maximum accessibility to it. The setting tool comprises a handle and a lockable cam for moving a pair of clamps radially of the handle axis between opened and closed positions. A variety of interchangeable clamp jaws are provided. The jaws are designed to accommodate a wide range of finding sizes and shapes. In one embodiment, the jaws cooperate with a moveable anvil to hold a pierced type earring. In another embodiment, the jaws have respective tracks that cooperate to hold findings such as pendant wire settings.