Abstract: A multi-purpose fishing tool to aid in the cutting of line and the maintenance of fish hooks and flies is disclosed. The fishing tool comprises two normally spaced-apart hand grips that are attached to a common flexure assembly. A knife blade is mounted to one of the hand grips and is oriented and directed to abut an anvil surface on the other hand grip. One of the hand grips contains a storage compartment that is normally enclosed by an outer cover of the hand grip. The second hand grip contains a file that can be extended through an opening in the butt end of the hand grip for the actuation of a lever normally seated in a slot in the base of the hand grip. A pin for cleaning the eyelet of flies and hooks is mounted to the frame of the tool.